IMF Staff Country Reports

Albania: Staff Report for the 2006 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review

August 1, 2006

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Albania: Staff Report for the 2006 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

Albania’s macroeconomic performance over the past year has been good, with strong growth and a significant reduction in poverty under the Poverty Reduction and Growth Facility Arrangement. Executive Directors commended the new strategy for maintaining the macroeconomic stability, enhancement of the budget, and the credibility of the monetary framework. They emphasized the need to accelerate structural reforms, and appreciated the revised strategy for the electricity sector. They stressed the need to improve official statistics to serve as a reliable basis for policymaking and program design.

Subject: Credit, Financial institutions, Government debt management, Loans, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: CR, Credit, Debt management strategy, Electricity company kesh, Global, Government debt management, Headline CPI inflation, High-quality investment, ISCR, Kesh, Loans, Macroeconomic performance, Reform

Publication Details

  • Pages:

    114

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/286

  • Stock No:

    1ALBEA2006004

  • ISBN:

    9781451800876

  • ISSN:

    1934-7685