In 2022, the six countries of the Western Balkans—Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia—saw the resilience of their economies tested by multiple shocks. To promote more inclusive, resilient, and sustainable growth in this time of elevated uncertainty, the region will need to rebuild fiscal buffers and undertake reforms, as we discuss in our latest economic update.
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Global crises and uncertainty are testing the economic resilience of the Western Balkans