IMF praises BQC Governor Fehmi Mehmeti

The IMF Financial Sector Stability Review is an instrument for capacity development that provides a diagnostic basis, identifies key weaknesses in financial systems and institutional capacities, and develops a medium-term action plan with priority for financial sector reforms.

In this regard, Mehmet, who becomes the first Kosovo governor to participate in a revision, stressed that the IMF technical assistance has had a major impact on the Kosovo financial system.

Subsequent support helped us to establish the key functions of our institution, thus forming the structure of our financial system and its stability: continued support is helping us to strengthen our governance and technical capacities that are needed to cope with the new challenges and the increasing complexity of global risks and uncertainty”, Mehmeti said.

His speech was distributed in the official account of the International Monetary Facebook Fund.

The IMF was established in 1944 as a result of the Great Depression of the 1930 ' s. 44 founding member states sought to build a framework for international economic co-operation. Today, its membership includes 190 countries, with staff drawn by 150 countries.

The IMF is governed by those 190 countries that make up its almost global membership and respond to it.