Pristina _ A new geophysical survey says Kosovo has bigger deposits of gold and other metals than previously thought.

Washington, December 13, 2007—The World Bank’s Board of Executive Directors approved today $12 million in support for Kosovo through two new education and finance sector projects, which will support the Bank’s ongoing support strategy for Kosovo.

The Interim Strategy for Kosovo for Fiscal Year 2008 covers the period from July 1, 2007 to June 30, 2008, and is the latest update of the Bank’s program of support, which dates back to 1999.  The strategy, which was also discussed by the Board today, was prepared in partnership with the Provisional Institutions of Self Government and the United Nations Interim Administration Mission in Kosovo

Prishtina, 10 December 2007 - The Kosovo wood processors have increased their exports to 3 million Euros during 2007. According to them, they export in many regional and European countries, and even further. Hashim Deshishku, the head of the Wood Processors’ Association, said that the wood industry in Kosovo has successfully developed and it can be proven with the export. “The export in 2006 reached some €1 million, whereas in 2007 it reached €3 million,” said Deshishku.

Besim Beqaj, Head of the Kosovo Chamber of Commerce, said the economy of Kosovo increased for three percent. He added that by entering into CEFTA, Kosovo became more competitive in the wood industry and increased its export rate.

ECIKS

For New Kosova Report: Kushtrim Xhakli -

How much can technology affect the economic and educational development in Kosovo? How much the information society in Kosovo can be transformed using innovative projects? Who is pushing and who is putting barriers to this transformation and development?