Fiscal Balance in Kosovo
Kosovo - Fiscal BalanceGrowth was likely strong in the second quarter, as robust family remittances in April–May and healthy annual consumer credit growth in June should have supported household spending, while government consumption likely also provided support. Turning to the third quarter, the external sector had a good start, with July’s merchandise exports surging. Meanwhile, in late August, Kosovo’s president called for snap elections for 6 October, after Parliament voted to dissolve itself following the resignation of Ramush Haradinaj as prime minister. Recent polls suggest no party will form a majority; as a result, protracted collation talks will likely follow, which could weigh on business sentiment. Ongoing tensions with Serbia, which show no sign of abating, could also rattle firms’ confidence.
Kosovo - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-3.0||-2.3||-1.6||-1.1||-1.1|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo Fiscal Balance Chart
Source: Ministry of Finance
|Bond Yield||5.36||0.0 %||Jun 30|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||0.1||0.0 %||Sep 04|
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