European Parliament Library

Republic of Kosovo :, Request for Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion

This staff report discusses the Republic of Kosovo’s request for a Stand-By Arrangement. Kosovo is in the final stages of transition to full self-governance in economic and financial affairs. Kosovo’s economy has remained largely shielded from turbulence in the euro area, owing to limited integration into cross-border financial markets and a small export base. Real GDP growth in 2011 is estimated at 5 percent, driven principally by domestic demand, in particular investment. Inflation has been moderated to 3.5 percent, after a spike to double-digit figures in early 2011 triggered by higher prices for imported foodstuffs
Table Of Contents
Cover; Contents; I. Background and Macroeconomic Challenges; II. The Fund Supported Program; A. Overall Program Objectives; B. Macroeconomic Framework; C. Fiscal Policy; D. Financial Sector Policies; E. Competitiveness and Private Sector Development; III. Program Modalities; IV. Staff Appraisal; Boxes; 1. The Role of Remittances in Kosovo's Economy; 2. Assessing the Adequacy of Government Bank Balances; 3. Conditionality under the World Bank Budget Support Grant in 2012; 4. A Downside Scenario: Lessons from the Recent Experience of El Salvador
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (71 p.)
Specific Material Designation
Form Of Item

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