Deputy Prime Minister of Republic of Kosova, Besnik Bislimi, has stated that the regulation of the Central Bank of Kosova (CBK) will come into force from tomorrow.
This regulation stipulates that only the euro currency can be used for cash payments.
He said that any attempt to interpret the regulation solely from the perspective of banning a specific currency constitutes a tendency to misuse this regulation for other motives.
“The CBK regulation comes into force from tomorrow. The implementation of the regulation does not imply a ban on transfers from Serbia and does not imply any potential financial penalties for holding the currency of another state. There is no doubt that the ultimate goal of the regulation is also the protection of consumers and payments in the Republic of Kosova. The aim of the regulation has not been, and is not, the designation of the official currency in circulation since this has been determined much earlier. Similarly, the focus of the regulation has not been to ban the circulation of any specific currency,” stated Bislimi.
According to Bislimi, the goal of the regulation has not been to ban any other currency, and it does not prohibit, allow, or deal with the Serbian dinar, as it was not allowed earlier.
“The regulation neither prohibits nor allows, nor deals with the Serbian dinar because it was not allowed earlier,” he continued.
Bislimi further stated that Serbian citizens will be provided with a transitional period to better understand the changes in this regulation, emphasizing that the euro has been and will continue to be the only official currency. From tomorrow, there will be no punitive measures, but there will be investments in information for Serbian citizens.
“None of the involved parties, including our friends, question the legality of the regulation. They do not doubt that the CBK is an independent institution. They do not contest that the euro has been and continues to be the only currency in circulation. The only concern of our partners is to have a little more time available and to be well-informed about the changes in the regulation,” he emphasized.