Kosovo's Ministry of Finance, Labour and Transfers held a joint press conference with the International Monetary Fund and the Central Bank of Kosovo to mark the completion of two two-year IMF programmes, a EUR 100 million Stand-By Arrangement and a Resilience and Sustainability Facility of around EUR 80 million. Meeting the programmes’ objectives means the remaining EUR 16 million under the SBA and a further EUR 10 million under the RSF can be made available. The ministry said Kosovo was the first country in the region to benefit from the RSF instrument, and linked RSF support to launching wind and solar energy auctions and finalising the Renewable Energy Law, while the SBA was framed as supporting macroeconomic stability and reforms. The IMF mission chief cited high economic growth with 2024 expected to be among the highest in Europe, rising employment and wages, inflation down to 1.6%, public debt below 17%, and a stable financial sector, and pointed to increased transparency by the central bank; Governor Ahmet Ismaili said the Central Bank of Kosovo ensured financial stability and met structural and indicative objectives, and all parties said cooperation would continue.
Ministry of Finance (Kosovo) 2025-03-20
Kosovo's Ministry of Finance, Labour and Transfers marks completion of IMF EUR 100 million Stand-By Arrangement and around EUR 80 million Resilience and Sustainability Facility programmes
Kosovo's Ministry of Finance, Labour and Transfers, with the IMF and Central Bank of Kosovo, completed two IMF programmes: a EUR 100 million Stand-By Arrangement and an EUR 80 million Resilience and Sustainability Facility. These supported macroeconomic stability, reforms, and renewable energy, with Kosovo being the first in the region to benefit from the RSF. The IMF noted high economic growth, low inflation, and a stable financial sector, while the Central Bank ensured financial stability and met key objectives.