Republic of Kosovo: 2021 Article IV Consultation-Press Release and Staff Report
January 12, 2022
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After contracting more than 5 percent in 2020, Kosovo’s economy is projected to have recovered by 7.5 percent in 2021, thanks to mobility normalization, extraordinary diaspora inflows, and strengthened confidence. Improved vaccination rates supported these trends and mitigation and recovery measures provided lifelines to those most affected by the pandemic. Though GDP growth is expected to normalize in 2022, the new omicron variant is a reminder that the pandemic continues to represent the main downside risk.
Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal rules, International organization, Labor, Monetary policy, Public debt, Public financial management (PFM), Wages
Keywords: Budget planning and preparation, CBK balance sheet, Europe, Fiscal rules, fund RELATIONS, growth engine, IMF staff calculation, Policy discussion, Wages
Pages:
91
Volume:
2022
DOI:
Issue:
005
Series:
Country Report No. 2022/005
Stock No:
1KOSEA2022001
ISBN:
9781616359324
ISSN:
1934-7685
