Albania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

July 23, 2003

Preview Citation

Format: Chicago

Albania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2003) accessed November 23, 2024

Summary

In the aftermath of adverse supply shocks, and with further measures to promote investment, growth of production and exports is expected to recover. Efforts to remove barriers to investment and ensure a reliable provision of electricity are critical to private-sector-led growth. External sustainability hinges on further improvements in the business climate to expand the production of tradables, and ongoing fiscal consolidation. Although the Albanian government remains committed to the program, serious risks to growth and the execution of the poverty reduction strategy remain.

Subject: Arrears, Expenditure, External debt, Poverty, Poverty reduction strategy, Revenue administration

Keywords: Arrears, CR, IMF staff representative, ISCR, Maintenance expenditure, Poverty reduction strategy, Preparation of contingency plans, PRGF, PRGF loan, Revenue shortfall

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/218
Stock No:

1ALBEA0052003
ISBN:

9781451800777
ISSN:

1934-7685

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