Republic of Kosovo : Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Kosovo

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

April 16, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The outbreak of COVID-19 in Europe and the associated containment measures will severely curtail growth to -5 percent in 2020. Tourism receipts, remittances, exports of goods, and FDI are all expected to plummet due to travel restrictions and the effect of the pandemic in trading partners and remittance-originating countries. Domestic containment measures and heightened uncertainty will hit demand. The authorities’ policy response to the shocks has been timely and targeted. The impact of the pandemic and the fiscal measures to help cushion these shocks have created urgent fiscal and external financing needs.

Series:

Country Report No. 20/112

English

Publication Date:

April 16, 2020

ISBN/ISSN:

9781513540993/1934-7685

Stock No:

1KOSEA2020001

Format:

Paper

Pages:

30

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