Republic of Kosovo : First Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion.

Author/Editor:

International Monetary Fund

Publication Date:

July 17, 2012

Electronic Access:

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Summary:

This paper presents findings of the First Review Under the Stand-By Arrangement (SBA) for the Republic of Kosovo. The paper highlights that macroeconomic and financial policies are broadly on-track. All end-April and continuous quantitative performance criteria under the SBA were met with comfortable margins, as a modest shortfall in revenue collection was overcompensated by underexecution of spending. The program’s key objectives remain restoring a sustainable fiscal position and sufficient government cash buffers, anchoring fiscal policy through the introduction of a fiscal rule, and enhancing the resilience of the financial system.

Series:

Country Report No. 12/180

Subject:

Frequency:

Quarterly

English

Publication Date:

July 17, 2012

ISBN/ISSN:

9781475506143/1934-7685

Stock No:

1UVKEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

49

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