Fiscal Balance in Kosovo
Kosovo - Fiscal BalanceFollowing the 6 October snap election, Kosovo finally welcomed a new government in early February after nominated Prime Minister Albin Kurti received parliamentary backing. The new government is comprised of the left-wing Self-Determination Movement and the center-right Democratic League. Key pillars of the coalition agreement center on economic development and employment, with a particular focus on small- and medium-sized enterprises and improving the business climate via combating corruption. The government will inherit an economy that showed signs of resilience in the third quarter of last year, with economic growth reaching an over one-year high. However, available data for the fourth quarter hints at a moderation. Remittances growth slowed markedly in October and consumer loans contracted sharply in October–November, suggesting private consumption took a hit in the quarter.
Kosovo - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-2.3||-1.6||-1.1||-1.1||-2.6|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo Fiscal Balance Chart
Source: Ministry of Finance
|Bond Yield||4.74||0.0 %||Nov 30|
|Exchange Rate||1.12||0.65 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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