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.
- Format
- Paper
- Frequency
- regular
- ISBN
- 9798400277702
- ISSN
- 1934-7685
- Pages
- 97
- Published in
- United States of America
- Series
- Country Report No. 2024/147
- StockNumber
- 1KOSEA2024001
Table of Contents
- Kosovo - Second Review SBA and RSF - Board Meeting_Press Release_.pdf 1
- Kosovo - 2024 - Second Review Under the SBA and RSF - Bundle.pdf 6
- Kosovo - 2024 - Staff Report for the Second Reviews Under the SBA and RSF - Publication.pdf 6
- context 9
- Recent Developments, Outlook, and Risks 9
- A. Recent Developments 9
- B. Outlook and Risks 10
- PROGRAM PERFORMANCE AND POLICY DISCUSSIONS 11
- A. Stand-By Arrangement 11
- Fiscal Policies and Reforms 12
- Financial Sector Policies and Reforms 18
- B. Resilience and Sustainability Facility 20
- PROGRAM ISSUES 24
- STATISTICS 25
- STAFF APPRAISAL 26
- External Balance 47
- Assessment of the External Position 48
- Reserve Adequacy Assessment 49
- A. Assessment 52
- B. Background 52
- C. Risk Analysis 53
- D. Long-Term Assessment 53
- E. External Debt Sustainability Analysis 54
- A. Global Risks45F 66
- B. Domestic Risks 69
- Fiscal Policies and Reforms 73
- Financial Sector Policies and Reforms 75
- Kosovo - 2024 - Informational Annex for the Second Reviews Under the SBA and RSF - Publication.pdf 86
- FUND RELATIONS 87
- Safeguards Assessments 88
- Exchange Rate Arrangements 88
- Article IV Consultation 88
- FSAP and ROSC Participation 89
- Technical Assistance 89
- Statistics 89
- Fiscal Sector 89
- Monetary and Financial Sectors 89
- relations to other international financial institutions 90
- Statistical Issues 91
- BUFF.ED's Statement - Publication.pdf 94
