Albania: Staff Report for the 2004 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, Request for Extension of the Arrangement, and Financing Assurances Review

March 10, 2005

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Format: Chicago

Albania: Staff Report for the 2004 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, Request for Extension of the Arrangement, and Financing Assurances Review, (USA: International Monetary Fund, 2005) accessed December 28, 2024

Summary

This paper reviews Albania’s 2004 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility (PRGF), Request for Extension of the Arrangement, and Financing Assurances Review. The macroeconomic performance of the Albanian economy has been remarkable by both regional and international standards. After a slowdown in 2002, economic growth recovered to about 6 percent in 2003–04; and inflation declined, generally remaining within the 2–4 percent target range of the Bank of Albania. Some structural reforms also gained momentum in 2004—notably privatization and sectoral restructuring.

Subject: Arrears, Banking, Budget planning and preparation, External debt, Public debt, Public financial management (PFM), Revenue administration

Keywords: Albanian authorities, Arrears, Authority, Budget planning and preparation, Central Asia, CR, Europe, Global, ISCR, Policy agenda, PRGF arrangement, PRGF loan, Tax administration official

Publication Details

Pages:

97
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/089
Stock No:

1ALBEA2005002
ISBN:

9781451800807
ISSN:

1934-7685

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