The Faculty of Economics of the University of Tetova organized a scientific debate on topic “Economic challenges in the period of post-pandemic”

The Faculty of Economics of the University of Tetova, in continuation of the academic activities for analysis of the consequences of the COVID-19 Pandemic and the energy crisis in the country’s economy, in the Republic of North Macedonia, today organized a scientific debate on topic “Economic challenges in the period of post-pandemic”.

Dean of the Faculty of Economics, Prof. Dr. Raman Ismaili, in his speech emphasized that the post pandemic situation hit many dimensions of social life, both in nationally and globally sphere, but what will be debated today should include the economic dimension, as one of the determinants of economic welfare . “The economic drama of this period, which came as a result of the COVID -19 pandemic, the energy crisis and the attack of the Russian Federation on a sovereign state such as Ukraine, resulted in numerous macroeconomic shocks of national economies. I appreciate that the main topic of this gathering is complex, multidimensional and accurate considering the fact that, in many aspects, the national economies of our countries are now at the crossroads of further action to improve their economies “, said the Dean of the Faculty of Economics , Prof. Dr. Raman Ismaili.

The Director of Economic Chamber of North Macedonia, Drilon Iseni focused on business challenges during the period of crisis. The economy and business are planned based on expectations while the main challenge is the uncertainty over what will happen in world level, globally level, and what will be reflected in the country’s economy and the point is that today nothing is normal. The Russia-Ukraine conflict is also reflected in us, and the first effect of this crisis was definitely the disruption of the supply chain and later the massive increase in prices of many different products, underlined, among others, the Director of Economic Chamber of North Macedonia, Drilon Iseni.

In this debate, the panelists: Prof. Dr. Shirete Elezi, Prof. Dr. Bardhyl Dauti and Prof. Dr. Merale Fetahu presented their topics. Prof. Dr. Shirete Elezi presented the topic: “The impact of economic measures on public finances during the COVID-19 crisis and the energy crisis in the RNM and the countries of the region”, Prof. Dr. Bardhyl Dauti spoke on the topic: “Economic increase in the Western Balkans in the course of the increase and stability pact, COVID-19 and the global economic crisis” and Prof. Dr. Merale Fetahu presented the topic: “The impact of the crisis on the country’s trade balance.”

At the end of this activity, Prof. Dr. Aida Yzeiri – Baftijari thanked the panelists, academic staff, businessmen, students and all the others who were present for their participation. “The purpose of this debate was to generate new ideas for overcoming the crises which came at the same time from the consequences of COVID-19, now also from the political crisis.”We are not here to find guiltiness, but simply to find a way or to contribute to the minimization of the risks from which we are very threatened, to find ways and methods for overcoming these crises as easily as possible”, said Prof. Dr. Aida Yzeiri – Baftijari.