Republic of Kosovo: Request for Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion.

May 9, 2012

Preview Citation

Format: Chicago

Republic of Kosovo: Request for Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion., (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This staff report discusses the Republic of Kosovo’s request for a Stand-By Arrangement. Kosovo is in the final stages of transition to full self-governance in economic and financial affairs. Kosovo’s economy has remained largely shielded from turbulence in the euro area, owing to limited integration into cross-border financial markets and a small export base. Real GDP growth in 2011 is estimated at 5 percent, driven principally by domestic demand, in particular investment. Inflation has been moderated to 3.5 percent, after a spike to double-digit figures in early 2011 triggered by higher prices for imported foodstuffs.

Subject: Balance of payments, Banking, Fiscal policy, Fiscal stance, Income, National accounts, Public debt, Remittances, Revenue administration

Keywords: CR, Government cash buffer, Income, ISCR, Liability positions vis-à-vis nonresident, Membership status, Policy, Policy objective, Remittances, Sound policy stance, Stand-By Arrangement

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/100
Stock No:

1UVKEA2012001
ISBN:

9781475503371
ISSN:

1934-7685

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