Republic of Kosovo: Third Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Criterion

International Monetary Fund

No 2013/113, IMF Staff Country Reports from International Monetary Fund

Abstract: Kosovo’s macroeconomic and financial policies have remained broadly on track. Progress continues to be made toward the key objectives, i.e., restoring a sustainable fiscal position and sufficient government cash buffers, anchoring fiscal policy, and enhancing the resilience of the financial system. Careful preparation of social spending initiatives and fragile political environment remains key. The policies under the program provide the best safeguard to steer the economy through the period ahead, establish confidence in macroeconomic management, and lay the foundations for robust and balanced growth.

Keywords: ISCR; CR; amount; SDR; amount to SDR; SBA for the Republic of Kosovo; bank balance; central bank; net bank financing; debt service; Minimum wages; Fiscal stance; Nonperforming loans; Europe; Global (search for similar items in EconPapers)
Pages: 54
Date: 2013-05-07
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