The Central Bank of the Republic of Kosovo, in cooperation with the Ministry of Education and Science, financially supported by the Fund for Southeast Europe, EFSE (Finance in Motion Office in Kosovo), has managed to prepare a collection of 5 Books.
Indeed, the government’s borrowing costs have consistently been declining since the beginning of the 1990s, when long-term bond yields began trending downward. Most recently, those costs are around 1 percent, well below the nominal growth rates (Chart 1). Under such circumstances, the government has benefitted from an “interest rate bonus”.