Mark Horton, the Deputy Director of the International Monetary Fund’s European Department, commended the progress made in Kosovo’s economy, specifically highlighting the institutional reforms implemented by the Central Bank of the Republic of Kosovo (CBK). In an interview with RTK, conducted during a high-level Regional Conference hosted by the CBK, Horton characterized Kosovo’s trajectory as a success story and noted its importance as a partner to the IMF. Horton stated that the recent years have represented a substantial period of modernization and transformation for the nation’s financial sector.
He provided an assessment of several key areas of development. Specifically, he acknowledged the strengthening of regulatory oversight and supervision within the financial industry. Furthermore, he pointed to the successful development of modern payment systems and the measurable growth in financial inclusion across the country.
The assessment covered the advancement of institutional capacities, indicating that the structural changes are robust. The praise from Horton underscores the tangible results of the policy initiatives undertaken by the authorities in Kosovo. These comprehensive reforms are seen by international bodies as contributing significantly to the stability and resilience of the national financial framework.
The discussion at the conference centered on the necessity of robust policy frameworks and effective regulation in navigating an evolving global environment, reinforcing the commitment to continued economic development in Kosovo.
Topics: #reforms #horton #kosovo
It seems the institutional reforms in Kosovo are actually paying off.