European Parliament Library

Republic of Kosovo :, Request for Stand-By Arrangement

Kosovo’s economic performance has strengthened considerably, but structural deficiencies undermine export sector development and prospects for sustainable growth. The program seeks to restore fiscal sustainability and safeguard financial sector stability. Restoring fiscal sustainability requires strengthening the credibility of the budget process and improving tax administration. Decisive action is necessary to improve energy sector finances and halt the drain of fiscal resources. Good governance of the Pension and Savings Trust is essential. Financial strength of the banking sector is adequate, but crisis preparedness needs to be enhanced
Table Of Contents
Cover; Contents; I. Background; A. Recent Economic and Policy Developments; II. The SBA-Supported Program; A. Program Objectives; B. Macroeconomic Framework; C. Fiscal Policy; D. Financial Sector Policies; E. Energy Sector and Other Issues; III. Program Modalities; IV. Staff Appraisal; Figures; 1. Cross-Country Comparison of Selected Economic Indicators, 2003-09; 2. Fiscal Indicators, 2007-11; 3. Cross-Country Financial Sector Indicators, 2009; 4. Banking Sector Indicators, 2007-10; Tables; 1. Main Indicators, 2007-15; 2. Real Growth, 2007-15
Literary Form
non fiction
"July 2010"
Physical Description
1 online resource (90 p.)
Specific Material Designation
Form Of Item

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