Republic of Kosovo: Technical Assistance Report- Public Investment Management Assessment

IMF Staff Country Reports, April 5, 2016

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Republic of Kosovo: Technical Assistance Report- Public Investment Management Assessment

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Bibliographic details

• Published: April 5, 2016
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781484313442.002

Assessment overview

• This paper assesses public investment in the Republic of Kosovo.
• Public investment levels in Kosovo have exceeded comparator counties’ over the last four years, partially owing to the need to build up its relatively low level of capital stock.
• Despite the high level of spending, the efficiency of Kosovo’s public investment is relatively low.

Institutional strengths and weaknesses

• Most of Kosovo’s public investment institutions are of good or medium strength on paper, but much weaker in their practical implementation.
• Planning institutions for investment are comprehensive but not fully effective.
• Systems for allocating funds for capital investment are assessed good or medium, with some implementation gaps.

Subject coverage and keywords

• Subject: Budget planning and preparation, Capital spending, Current spending, Expenditure, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending
• Keywords: annual budget, authorization level, Budget planning and preparation, capital investment, Capital spending, CR, Current spending, Europe, General government debt, investment allocation, investment clause, investment project, investment proposal, ISCR, PIP manual, Public investment and public-private partnerships (PPP), Public investment spending, Subnational government

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