The Governor, Mr. Bedri Hamza during the Spring Meetings of the International Monetary Fund and World Bank being held in Washington D.C, USA, got the support of the State Department and US Treasury for the Central Bank of the Republic of Kosovo.
In order to deepen the cooperation between the Central Bank of the Republic of Kosovo and the Federal Reserve Bank of New York, Governor Hamza and the Vice President of the Federal Reserve Bank of New York, Anne Baum signed the agreement in the field of asset management and investments.
The signing of this agreement strengthens the importance of cooperation in the field of asset management and investments as well as capacity building of the CBK. The signing of this agreement was preceded by the continued cooperation of the CBK with the US Treasury authorities and representatives of the Federal Reserve Bank of New York. During this month, a senior delegation from the Federal Reserve Bank of New York stayed at the CBK to discuss the best reserve management practices between the two institutions.
During his stay in Washington, Governor Hamza met with the Deputy Assistant Secretary at the US Department of the Treasury, Larry McDonald and discussed developments in the country's financial sector and on this occasion Governor Hamza was reassured for an ongoing support to the CBK through the technical assistance.
The CBK delegation headed by Governor Hamza also had meetings with the Executive Director of the Kosovo Constituency, Michaela Erbenova, the Director of the IMF's European Department, Paul Thomson, the IMF Deputy Managing Director, Tao Zhang, where there were discussed the economic developments in Kosovo and the implementation of the IMF program.
During the visit, the Governor met also the World Bank Executive Director, Mr. Franc Godts, the World Bank Vice President for Europe and Central Asia, Mr. Cyril Muller and the Country Director for Southeast Europe, Europe and Central Asia, Mrs. Ellen Goldstein.