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Republic of Kosovo :, Staff Report for the First Assessment Under the Staff-Monitoring Program

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
Table Of Contents
Cover; Contents; I. Introduction and Summary; II. Recent Developments; III. Economic Outlook and Risks; IV. Policy Discussions; A. Fiscal Policy in 2011 and 2012; Boxes; 1. Structural Adjustment Measures in the 2012 Budget; B. Structural Fiscal Reforms; C. Monetary and Financial Policies; 2. Key Recommendations of the October 2011 Tax Policy Mission; D. Enhancing Competitiveness; V. Program Modalities; VI. Staff Appraisal; Figures; 1. Recent Economic Developments; 2. Selected Banking Sector Indicators; 3. Recent Fiscal Developments; Tables; 1. Main Indicators, 2008-13; 2. Real Growth, 2007-13
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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