Republic of Kosovo: Request for Stand-By Arrangement and an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo

June 7, 2023

Preview Citation

Format: Chicago

Republic of Kosovo: Request for Stand-By Arrangement and an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo, (USA: International Monetary Fund, 2023) accessed April 27, 2025

Summary

After a strong recovery from the pandemic, higher international commodity prices moderated GDP growth in 2022, which posted 3.5 percent, while inflation exceeded 11 percent. Lower commodity prices in 2023 will provide much-needed relief to households and firms. This, together with supportive fiscal policy, especially higher public investment absorption, will underpin higher growth of about 4 percent, and lower inflation, which should slow to 5–6 percent. Risks continue to be mainly on the downside: higher commodity prices would lead to lower growth and higher inflation, and tighter financial conditions would weigh on bank asset quality and liquidity.

Subject: Budget planning and preparation, Climate change, Environment, Greenhouse gas emissions, International organization, Monetary policy, Public debt, Public financial management (PFM)

Keywords: Budget planning and preparation, CC strategy, Climate change, Climate change mitigation, Europe, Greenhouse gas emissions, Kosovo authorities, RSF arrangement, RSF financing, RSF reform measure, Structure favors investment project

Publication Details

Pages:

117
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/200
Stock No:

1KOSEA2023001
ISBN:

9798400244940
ISSN:

1934-7685

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