International Community Pledges €1.2 billion for Development of Kosovo (under UNSCR 1244/99)

On 11 July the European Commission hosted in Brussels a donors’ conference to gather contributions to help create the conditions for growth and investment in Kosovo*.  The conference was attended by representatives of EU Member States, non-European donor countries, international financial institutions such as the IMF and World Bank, UN agencies and international organisations, including the OECD.

The pledges, totalling 1.2 billion EUR, exceeded the EC’s target of 1 billion EUR for the period 2009-2011.  The EU contribution was 508 million EUR.

*under UNSCR 1244/99