Kosovo Fiscal Effectiveness, Competitiveness and Green Growth DPF

The development objective of the First Fiscal Effectiveness, Competitiveness, and Green Growth Development Policy Financing for Kosovo is to enhance the effectiveness of fiscal policy, strengthen the investment climate, and lay the foundations for greener growth. The operation supports the Government’s efforts to tackle longstanding structural bottlenecks that impede higher, more inclusive and sustainable growth in Kosovo. The operation is organized around three interrelated pillars. First pillar, the operation aims to improve fiscal policy effectiveness with a view to increasing returns and equity of fiscal policy in the medium term. Second pillar supports reforms to enable private sector development. Third pillar supports reforms that promote greener and sustainable growth while supporting the poor.