Republic of Kosovo : Fourth Review Under the Stand-By Arrangement

Publication Date: July 23, 2013
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Summary: This staff report on the Republic of Kosovo’s Fourth Review under the Stand-By Arrangement discusses macroeconomic and financial policies. Banking-sector soundness indicators have remained largely unchanged. The revenue shortfall owed to a mix of lower than programmed customs receipts, and delays in receiving transfers from the sales of telecommunication licenses, and lignite royalties. The shortfall was only partially compensated by higher domestic tax collection, and the earlier than expected receipt in dividends from Post and Telecom of Kosovo. Passage of the rules-based fiscal framework would be a key step toward ensuring fiscal sustainability in the longer term.
Series: Country Report No. 13/224
Subject(s): Stand-by arrangement reviews | Fiscal policy | Government expenditures | Transport | Banking sector | Bank supervision | Economic indicators | Staff Reports | Press releases | Kosovo

Publication Date: July 23, 2013
ISBN/ISSN: 9781484397145/1934-7685 Format: Paper
Stock No: 1UVKEA2013005 Pages: 44
US$18.00 (Academic Rate:
US$18.00 )
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