IMF tells Kosovo to strengthen central bank reserves
Fund says government should deposit equivalent of 1.75% of GDP as emergency buffer
The International Monetary Fund has said Kosovo does not have sufficient amounts of readily available reserve assets.
In a paper released on January 16, IMF analysts Javier Kapsoli and Ezgi Ozturk say the current holdings in the Central Bank of the Republic of Kosovo are “limited”.
One of the reasons for this, the analysts say, is that Kosovo’s economy is “euroised”. The country uses the euro but is not a member of the Eurosystem, which means the central bank cannot act as the lender of last
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