Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources

Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement

February 14, 2006

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Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Summary

This paper discusses a Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). This arrangement aims to prepare Albania for graduation from IMF-supported programs. If properly implemented, the policies it embodies will reduce vulnerabilities, enhance growth potential, strengthen government solvency, and protect priority spending. These policies will also contribute to improved governance—a precondition for attracting the high-quality investment needed to address the structural imbalances in the external accounts and to ensure the continuation of strong growth. Remaining vulnerabilities in the financial system are also addressed.

Subject: Expenditure, External debt, Public debt, Revenue administration, Tax administration core functions

Keywords: Baltics, CR, Eastern Europe, Electricity company, Europe, Firm, Global, IMF staff representative, IMF TA mission, ISCR, LTO's audit function, Southern Europe, Staff appraisal, Tax administration core functions

Publication Details

Pages:

107
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/054
Stock No:

1ALBEA2006002
ISBN:

9781451800852
ISSN:

1934-7685

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