Republic of Kosovo: Third Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Criterion
May 7, 2013
Summary
Kosovo’s macroeconomic and financial policies have remained broadly on track. Progress continues to be made toward the key objectives, i.e., restoring a sustainable fiscal position and sufficient government cash buffers, anchoring fiscal policy, and enhancing the resilience of the financial system. Careful preparation of social spending initiatives and fragile political environment remains key. The policies under the program provide the best safeguard to steer the economy through the period ahead, establish confidence in macroeconomic management, and lay the foundations for robust and balanced growth.
Subject: Banking, Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Labor, Minimum wages, Nonperforming loans, Public debt
Keywords: amount, amount to SDR, bank balance, central bank, CR, debt service, Europe, Fiscal stance, Global, ISCR, Minimum wages, net bank financing, Nonperforming loans, SBA for the Republic of Kosovo, SDR
Pages:
54
Volume:
2013
DOI:
Issue:
113
Series:
Country Report No. 2013/113
Stock No:
1UVKEA2013002
ISBN:
9781484336717
ISSN:
1934-7685





