Narrow Your Choices

Refine By Type

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Browse

You are looking at 1 - 1 of 1 items for :

  • Business and Management x
  • Mathematical and Quantitative Methods x
  • Kosovo, Republic of x
  • Budgeting & financial management x
  • Data Collection and Data Estimation Methodology; Computer Programs: Other x
  • Monetary policy x
  • Public aspects of medicine x
  • Real sector x
  • Public financial management (PFM) x
  • Monetary economics x
Clear All
Cover IMF Staff Country Reports
Republic of Kosovo: 2021 Article IV Consultation-Press Release and Staff Report
International Monetary Fund. European Dept.
This 2021 Article IV Consultation determines that Kosovo’s people and its economy experienced a return to a certain degree of normality in 2021. Increased vaccination rates allowed a relaxation of stringency measures, supported mobility, and created the conditions for a resumption of diaspora travel. The fiscal response to the pandemic has been broadly adequate. Moreover, fiscal policy needs to return to a supportive stance in 2022. Focus, composition, and transparency of public spending needs strengthening including supporting economic resilience. While the objective to intensify vaccinations is both appropriate and commendable, intended policy actions under the “Economic Revival Program” need to be better defined, new social transfer programs should be more targeted, and the growth of existing transfers needs to be contained. Kosovo’s intentions to reduce carbon emissions are commendable. A credible climate and environment mitigation strategy should be centered around carbon pricing, while allocating its proceeds to investment in green projects and to mitigate the impact of higher energy prices on vulnerable households.
Keywords:
fund RELATIONS; CBK balance sheet; growth engine; IMF staff calculation; Policy discussion; Fiscal rules; Budget planning and preparation; Wages; Europe