Governor Ismaili met with senior IMF official from the Monetary and Capital Markets Department

The Governor of the Central Bank of the Republic of Kosovo (CBK), Mr. Ahmet Ismaili, alongside his Deputy Governors and CBK directors, met with Mr. Sebastién Clanet from the Monetary and Capital Markets (MCM) Department at the International Monetary Fund (IMF). During his visit to the CBK, Mr. Clanet reviewed the progress made on key recommendations from the Financial Sector Stability Review (FSSR) conducted in 2019.

Discussions focused on assessing the implementation of these recommendations as well as the overall impact of the FSSR project, and identifying potential additional areas for capacity building to further strengthen CBK’s institutional framework, as outlined in its Strategic Plan.

Governor Ismaili highlighted the reforms undertaken by the CBK in recent years, emphasizing their alignment with the FSSR’s strategic objectives and recommendations. He also outlined ongoing reforms and the need for enhanced technical assistance from the IMF, consistent with discussions held during the last IMF Mission.

The FSSR report provided a five-year roadmap with concrete recommendations for strengthening the CBK’s operational and regulatory framework, including banking and insurance supervision, IT and cyber risk oversight, financial stability instruments, governance, and other critical areas.

This visit underscores the IMF’s continued support for the CBK as it works to enhance the stability and resilience of Kosovo’s financial sector.