The Central Bank of the Republic of Kosovo was established in 1999, at a time when Kosovo was beginning to build all institutions from scratch. Along with the establishment of institutions, the foundation of the market economy in our country was also beginning.
Therefore, a careful examination of both positive effects and side effects must be in place before that policy is implemented. The possible effects of the stepped up bond purchases include a decline in long-term interest rates or a rise in expected rate of inflation.