Fiscal Balance in Kosovo

Kosovo Fiscal Balance | Economic News & Forecasts

Kosovo - Fiscal Balance

Following 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

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-2.3  -1.6  -1.1  -1.1  -2.6  

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Kosovo Fiscal Balance Chart

Kosovo Fiscal
Note: Fiscal balance as % of GDP
Source: Ministry of Finance

Kosovo Facts

Value Change Date
Bond Yield4.740.0 %Nov 30
Exchange Rate1.120.65 %Dec 31
Stock Market0.10.0 %Jan 07

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