Cover IMF Staff Country Reports
Republic of Kosovo: Second Reviews Under the Stand-By Arrangement and the Arrangement Under the Resilience and Sustainability Facility and Request for Modification of Reform Measure-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo
Author: International Monetary Fund. European Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2024: Issue 147
Language:
English
Publication Date:
04 Jun 2024
DOI:
https://doi.org/10.5089/9798400277702.002
ISBN:
9798400277702
ISSN:
1934-7685
Pages:
97
Keywords:
RSF ARRANGEMENT; government liquidity buffer; CBK balance sheet; Kosovo authorities; budget revenue; Budget planning and preparation; Fiscal risks; Europe; Global
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Recent developments, outlook, and risks. Kosovo’s economy has continued to perform well, despite a challenging external environment. Real GDP growth moderated to 3¼ percent in 2023 amid subdued external demand. Inflation has decelerated sharply, reaching 2 percent y/y in the first quarter of 2024. Growth is projected to accelerate to 3¾ percent in 2024, driven by domestic demand. Key risks to the outlook include commodity price spikes due to geopolitical tensions, weaker activity in advanced European economies, and an escalation of tensions in northern Kosovo.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund