Albania : Staff Report for the 2013 Article IV Consultation and Request for Extended Arrangement

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

March 19, 2014

Electronic Access:

Free Full Text (PDF file size is 2500 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening and imbalance of the economy. It highlights that high nonperforming loans (NPLs) are constraining credit growth, and weak external drivers are preventing a sustained reduction in external imbalances. Reduction in NPLs would safeguard financial stability and help release credit supply constraints by lowering bank risk aversion. The authorities have requested a three-year arrangement with proposed access equivalent to SDR 295.42 million.

Series:

Country Report No. 14/78

Subject:

English

Publication Date:

March 19, 2014

ISBN/ISSN:

9781484338339/1934-7685

Stock No:

1ALBEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

113

Please address any questions about this title to publications@imf.org