IMF delivers good news for Kosovo economy

IMF delivers good news for Kosovo economy

The International Monetary Fund says it envisions increased Kosovo's economy for 4.2% in 2019, a figure higher than 4.0% last October. Bruto local production (GDP) Kosovo's growth is expected to increase by 4.0% in 2020, as well as the same growth is expected in 2017, the IMF says. [...]

Bruto local production (GDP) Kosovo's growth is expected to increase by 4.0% in 2020, as well as the same growth is expected in 2024), the IMF says in its April report on the global economy's prospects.

Kosovo's economy grew by 4.0% in 2018, according to the report.

The Fund expects annual inflation for the average consumer to be only 0.6% in 2019, which is lower than 2.9% in 2018. Average inflation is expected to be 2.4% in 2020.

The current deficit is projected to rise to 10.5% of GDP in 2019, up from 8.3% in 2018. The current deficit is expected to be 10.1% and 8.0% of GDP in 2020 and 2024 respectively.

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