Kosovo: Macroeconomic Issues and Fiscal Sustainability

Books, February 12, 2001

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Kosovo: Macroeconomic Issues and Fiscal Sustainability

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Bibliographic details

• Authors: Robert J. Corker, Dawn Elizabeth Rehm, Kristina Kostial
• Published: February 12, 2001
• Series: Books
• DOI: https://doi.org/10.5089/9781589060180.071

Overview

• Since the end of the conflict in Kosovo-a province of Serbia in the Federal Republic of Yugoslavia-in June1999, IMF staff have been providing technical assistance to help the province rebuild its economy.
• The publication’s main focus is budget formulation as part of broader macroeconomic policy advice provided by IMF staff.
• IMF technical assistance has been coordinated with that of the World Bank and donor agencies.

Technical assistance and focus areas

• Institutional setup:
  • Setting up taxation and budgetary institutions.
  • Establishing a payments and banking system.
  • Developing a statistical framework.
• Policy advice emphasis:
  • General macroeconomic policy advice with a particular emphasis on budget formulation.

Key statistics and publication metadata

• Authors: Robert J. Corker, Dawn Elizabeth Rehm, Kristina Kostial
• Publication date: February 12, 2001
• Pages: 32
• DOI: https://doi.org/10.5089/9781589060180.071
• ISBN: 9781589060180
• Subjects: Budget planning and preparation, Commercial banks, Expenditure, Private consumption, Revenue administration
• Keywords: BOOK, budget system, Kosovo budget, reconstruction program, right

Findings and implications

• IMF technical assistance played a central role in post-conflict reconstruction by prioritizing core fiscal and financial infrastructure.
• Budget formulation is highlighted as a primary area where IMF staff provided policy advice, implying a need for strengthened budget processes for fiscal sustainability.
• Coordination with the World Bank and donor agencies was an explicit component of the assistance strategy, suggesting multi-agency alignment was important for reconstruction efforts.

Policy recommendations (as presented)

• Prioritize establishment of robust taxation and budgetary institutions to support fiscal management.
• Develop and implement a payments and banking system to underpin financial stability and transactions.
• Build a statistical framework to inform macroeconomic policy and budget formulation.
• Coordinate technical assistance and policy actions with the World Bank and donor agencies to ensure coherent reconstruction support.

Kosovo: Macroeconomic Issues and Fiscal Sustainability — https://www.imf.org/en/publications/books/issues/2016/12/30/kosovo-macroeconomic-issues-and-fiscal-sustainability-14714