02228cas a2200241 a 4500 AALejournalIMF020880 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513540993 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Kosovo : Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Kosovo. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (30 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Republic of Kosovo's Request for Purchase Under the Rapid Financing Instrument (RFI). The coronavirus disease 2019 (COVID-19) pandemic and the associated containment measures have severely weakened Kosovo's economic outlook. The economy is expected to contract by 5 percent in 2020 as tourism receipts, remittances, exports of goods, and foreign direct investments will decrease due to travel restrictions and the effect of COVID-19 in trading partners and remittance-originating countries. The deteriorated economic outlook is expected to result in external and fiscal financing gaps. The RFI provides rapid and low-access financial assistance to member countries facing an urgent balance of payments need, without the need for a full-fledged economic program or reviews. It can provide support to meet a broad range of urgent needs, including those arising from commodity price shocks, natural disasters, conflict and post-conflict situations. Financial assistance under the RFI is provided in the form of outright purchases. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/112 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/112/002.2020.issue-112-en.xml IMF e-Library