Republic of Kosovo Fourth Review Under the Stand-By Arrangement

This staff report on the Republic of Kosovo’s Fourth Review under the Stand-By Arrangement discusses macroeconomic and financial policies. Banking-sector soundness indicators have remained largely unchanged. The revenue shortfall owed to a mix of lower than programmed customs receipts, and delays in...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Kosovo, Republic of 
653 |a Fiscal stance 
653 |a Public debt 
653 |a Banks 
653 |a Finance 
653 |a Budget Systems 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a Mortgages 
653 |a Budgeting 
653 |a National Government Expenditures and Related Policies: General 
653 |a Labor 
653 |a Budget 
653 |a Macroeconomics 
653 |a Public financial management (PFM) 
653 |a Banking 
653 |a National Budget 
653 |a Income economics 
653 |a Depository Institutions 
653 |a Minimum wage 
653 |a Labour 
653 |a Debt Management 
653 |a Micro Finance Institutions 
653 |a Debt 
653 |a Budget planning and preparation 
653 |a Fiscal policy 
653 |a Minimum wages 
653 |a Expenditure 
653 |a Sovereign Debt 
653 |a Wages, Compensation, and Labor Costs: Public Policy 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Budgeting & financial management 
653 |a Public Finance 
653 |a Finance: General 
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520 |a This staff report on the Republic of Kosovo’s Fourth Review under the Stand-By Arrangement discusses macroeconomic and financial policies. Banking-sector soundness indicators have remained largely unchanged. The revenue shortfall owed to a mix of lower than programmed customs receipts, and delays in receiving transfers from the sales of telecommunication licenses, and lignite royalties. The shortfall was only partially compensated by higher domestic tax collection, and the earlier than expected receipt in dividends from Post and Telecom of Kosovo. Passage of the rules-based fiscal framework would be a key step toward ensuring fiscal sustainability in the longer term