Republic of Kosovo: Staff Report for the First Assessment Under the Staff-Monitoring Program
December 30, 2011
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This paper presents the first assessment report under the Staff-Monitored Program (SMP) for Kosovo. The policies under Kosovo’s SMP target decisive steps toward fiscal sustainability and stronger budget management and execution. Performance under the SMP has been largely satisfactory to date, with all end-September benchmarks but one having been met. The end-September structural benchmark on the formulation of a tax compliance strategy was also met. A budget for 2012 was submitted to the Assembly at end-October that is in line with the authorities’ commitments under the SMP.
Subject: Banking, Budget planning and preparation, Capital spending, Expenditure, Income, National accounts, Public financial management (PFM), Revenue administration
Keywords: accounts payable, Budget planning and preparation, Capital spending, cash buffer, central bank, country authorities, CR, financial system, Global, government, government paper, highway network, Income, insurance fund, ISCR, minimum payment, revenue measure, structural adjustment
Pages:
45
Volume:
2011
DOI:
Issue:
374
Series:
Country Report No. 2011/374
Stock No:
1UVKEA2011002
ISBN:
9781463928575
ISSN:
1934-7685
