European Parliament Library

Republic of Kosovo :, Fifth Review Under the Stand-By Arrangement

This paper discusses Kosovo’s Fifth Review Under the Stand-by Arrangement. All end-August 2013 and continuous performance criteria were met, as a renewed shortfall in customs collection was over-compensated by underexecution of spending. A prior action on issuing a government decision that specifies the nonallocation of €88 million across expenditure categories was also met. The applicable structural benchmarks were met on substance. Missed by small margins were the indicative targets on the nonaccumulation of domestic payments arrears by the central and general governments. The IMF staff supports the authorities’ request for completion of the fifth review under the Stand-By Arrangement
Table Of Contents
Cover; CONTENTS; INTRODUCTION AND SUMMARY; RECENT DEVELOPMENTS; ECONOMIC OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Fiscal Policy; B. Financial Sector Policies; C. Competitiveness and Private Sector Development; PROGRAM MODALITIES; STAFF APPRAISAL; BOXES; 1. Stand-By Arrangement; 2. Imports and Growth; 3. Non-Performing Loans and Credit Growth; 4. Key Elements of the 2014 Budget; 5. Bank Contributions for ELA and the Design of a Bank Liquidity Fund; TABLES; 1. Main Indicators, 2010-18; 2. Real Growth, 2010-18; 3. Consolidated Government Budget, 2011-14
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (53 p.)
Specific Material Designation
Form Of Item

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