Albania : Fourth Review Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 19, 2015

Electronic Access:

Free Full Text (PDF file size is 1486 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Albania’s Fourth Review Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria (PC). Economic recovery is under way, but growth remains below potential. The low oil price is expected to have a muted effect on growth and on the balance of payments, as pass-through is weak and Albania is only a small net oil exporter. The program is on track. All end-December 2014 and continuous PCs and most indicative targets were met, with comfortable margins. The IMF staff supports the completion of the Fourth Review under the Extended Arrangement, as well as the modification and waiver of applicability of PC.

Series:

Country Report No. 15/129

Subject:

English

Publication Date:

May 19, 2015

ISBN/ISSN:

9781513525310/1934-7685

Stock No:

1ALBEA2015002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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