Albania:Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, and Financing Assurances Review

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Release Date: © February, 2007
ISBN : 978-1-45180-089-0
Stock #: 1ALBEA2007001
Stock Status: On back-order

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This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The 2007 budget is in line with the medium-term fiscal framework, which strikes a balance between reducing public debt and increasing priority expenditure. Progress in structural reform has been generally good. The program focuses on reducing fiscal vulnerabilities, improving budget management, and developing the financial system.


Balance of payments , Economic policy , IMF governance and operations , Inflation , Monetary policy , Operations , Performance Criteria , Stand-by Arrangements

More publications in this series: IMF Staff Country Reports