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Republic of Kosovo: Fourth Review Under the Stand-By Arrangement

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2013. "Republic of Kosovo: Fourth Review Under the Stand-By Arrangement," IMF Staff Country Reports 2013/224, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/224
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40812
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    Cited by:

    1. Ardiana Gashi & Nick Adnett, 2015. "The Determinants of Return Migration: Evidence for Kosovo," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 17(2), pages 57-81, December.

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