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

Publication Date: December 30, 2013
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Summary: This paper discusses Kosovo’s Fifth Review Under the Stand-by Arrangement. All end-August 2013 and continuous performance criteria were met, as a renewed shortfall in customs collection was over-compensated by underexecution of spending. A prior action on issuing a government decision that specifies the nonallocation of €88 million across expenditure categories was also met. The applicable structural benchmarks were met on substance. Missed by small margins were the indicative targets on the nonaccumulation of domestic payments arrears by the central and general governments. The IMF staff supports the authorities’ request for completion of the fifth review under the Stand-By Arrangement.
Series: Country Report No. 13/379
Subject(s): Stand-by arrangement reviews | Fiscal policy | External financing | Privatization | Global competitiveness | Banking sector | Bank supervision | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Kosovo

Publication Date: December 30, 2013
ISBN/ISSN: 9781475555387/1934-7685 Format: Paper
Stock No: 1UVKEA2013006 Pages: 52
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