Executive Board
Calendar
Board Discussions
on Albania:

Previous:
February 28, 2014
December 3, 2012
September 7, 2011
May 24, 2010
January 28, 2009

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2.1 3.3
Consumer Prices 2.7 2.8
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Albania: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative
Office in Albania

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Albania and the IMF
Updated April 11, 2014

Show all items sorted by date | Annual Meetings Speeches (2) | Article IV Staff Reports (8) | Finance & Development (1) | IMF Survey Online (1) | IMF Surveys (5) | IMFC Statements (2) | Joint Staff Assessments (1) | Letters of Intent (18) | Mission Concluding Statements (8) | News Briefs (6) | Policy Framework Paper (1) | Poverty Reduction Strategy Paper (3) | Press Releases (35) | Public Information Notices (10) | Publications (59) | Reports on the Observance of Standards and Codes (2) | Speeches (2) | Staff Papers (1) | Transcripts (2) | Financial Sector Assessment Program (2) | Other (2) 
Annual Meetings Speeches
September 28, 2000 -- Statement by the Hon. Anastas Angjeli, Governor of the World Bank for Albania, at the Joint Annual Discussion
PDF File Size: 777Kb
September 23, 1997 -- Statement by the Hon. Fatos Nano, Governor of the IMF for Albania, at the Joint Annual Discussion.
PDF File Size: 30Kb
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Article IV Staff Reports
October 21, 2011 -- Albania: 2011 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 11/313
July 12, 2010 -- Albania: 2010 Article IV Consultation - Staff Report; Staff Statement; Public Information on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 10/205
August 04, 2008 -- Albania: 2008 Article IV Consultation, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, Financing Assurances Review, and Request for Modification of Performance Criteria - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 08/267
August 01, 2006 -- Albania: 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 - Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 06/286
March 10, 2005 -- Albania: 2004 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, Request for Extension of the Arrangement, and Financing Assurances Review--Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Author/Editor: International Monetary Fund. European Dept.
Series: Country Report No. 05/89
March 07, 2003 -- Albania: 2002 Article IV Consultation and First Review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility, and Requests for Modification and Waiver of Performance Criterion--Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 03/63
July 27, 2001 -- Albania: 2001 Article IV Consultation and Review Under the Poverty Reduction and Growth Facility--Staff Report and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/117
July 27, 2001 -- Albania: 2001 Article IV Consultation and Review Under the Poverty Reduction and Growth Facility--Staff Report and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/117
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Finance & Development
March 01, 2000 -- Finance & Development, March 2000 - The Rise and Fall of Albania's Pyramid Schemes
By Christopher Jarvis: During 1996-97, Albania was convulsed by the dramatic rise and collapse of several huge financial pyramid schemes. This article discusses the crisis and the steps other countries can take to prevent similar disasters.
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IMF Survey Online
January 11, 2013 -- IMF Survey: Albania Needs Reforms to Counter Growth Slowdown
After showing resilience during the past two years, Albania’s economy is now beginning to slow down, the IMF said in its annual review of the Balkan nation’s economy.
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IMF Surveys
November 20, 2006 -- IMF Survey:
John Lipsky's visit to South Africa and Mali, Latin American growth, Uruguay repays loan, Eastern Europe, Albania's economy, Belarus and Morocco, U.S. current account deficit, Francis Warnock, IMF governance, fiscal adjustment. PDF File Size: 977Kb
February 25, 2002 -- IMF Survey:
G-7 on economy, terrorist financing; Kenen and Calvo: reforming financial architecture; financial development and poverty alleviation; Asia’s postcrisis exchange regimes; FSAP outreach; Cardinal Rodriguez; Albania’s economic progress. PDF File Size: 922Kb
March 19, 2001 -- IMF Survey:
Köhler, Fischer on new capital markets department, Turkey; money laundering; Köhler on standards & codes; Mussa resigns; challenges in Kosovo; U.S. trade deficit; BIS Quarterly Review; and Albania's inflation performance. PDF File Size: 803Kb
November 08, 1999 -- IMF Survey:
IMF Executive Board's agenda for 2000; highlights of a recent IMF staff report on Germany; new IMF study on exchange rate regimes and currency convertibility; and pyramid schemes in Albania. PDF File Size: 309Kb
June 21, 1999 -- IMF Survey:
Conference on key issues in reform of international monetary system; Bretton Woods Committee annual meeting; Mexico's request for Stand-By; Albania's ESAF Arrangement; second quarterly release of joint debt statistics. PDF File Size: 478Kb
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IMFC Statements
April 11, 2014 -- IMFC Statement by Piercarlo Padoan, Minister of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino. PDF File Size: 239Kb
October 12, 2013 -- IMFC Statement by Fabrizio Saccomanni, Minister of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino. PDF File Size: 235Kb
April 20, 2013 -- IMFC Statement by Vittorio Umberto Grilli, Minister of Economy and Finance, Italy, April 20, 2013
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino. PDF File Size: 226Kb
October 13, 2012 -- IMFC Statement by Vittorio Umberto Grilli, Ministry of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 588Kb
April 21, 2012 -- IMFC Statement by Vittorio Grilli, Vice-Minister, Ministry of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 404Kb
September 24, 2011 -- IMFC Statement by Giulio Tremonti, Minister of Economy and Finance, Ministero dell'Economia e delle Finanze, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 347Kb
April 16, 2011 -- IMFC Statement by the Honorable Giulio Tremonti Minister of Economy and Finance, and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 389Kb
October 09, 2010 -- IMFC Statement by the Honorable Giulio Tremonti Minister of Economy and Finance, and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 399Kb
April 24, 2010 -- IMFC Statement by the Honourable Giulio Tremonti Minister of Economy and Finance Ministero dell’Economia e delle Finanze Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 387Kb
October 04, 2009 -- IMFC Statement by the Honorable Giulio Tremonti Minister of Economy and Finance, and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 304Kb
April 25, 2009 -- IMFC Statement by Hon. Giulio Tremonti, Minister of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 335Kb
October 11, 2008 -- IMFC Statement by the Honorable Giulio Tremonti, Minister of Economy and Finance, and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 297Kb
April 12, 2008 -- IMFC Statement by the Honorable Tommaso Padoa-Schioppa, Minister of Economy and Finance and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 202Kb
October 20, 2007 -- IMFC Statement by Tommaso Padoa-Schioppa, Minister of Economy and Finance, Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 218Kb
April 14, 2007 -- IMFC Statement by the Honorable Tommaso Padoa-Schioppa Minister of Economy and Finance and Governor of the IMF for Italy, Speaking on behalf of Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 328Kb
September 17, 2006 -- IMFC Statement by the Honorable Tommaso Padoa-Schioppa, Minister of Economy and Finance and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 552Kb
April 16, 2005 -- IMFC Statement by Honorable Domenico Siniscalco Minister of Economy and Finance and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 243Kb
October 02, 2004 -- IMFC Statement by the Honorable Domenico Siniscalco Minister of Economy and Finance and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 583Kb
April 24, 2004 -- IMFC Statement by the Honorable Giulio Tremonti, Minister of Economy and Finance and Governor of the IMF for Italy
On behalf of: Albania, Greece, Italy, Malta, Portugal, Republic of San Marino, Democratic Republic of Timor-Leste. PDF File Size: 583Kb
November 17, 2001 -- Mr. Giulio Tremonti, Minister of Economy and Finance of Italy, Governor of the IMF for Italy at the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of the constituency comprising Albania, Greece, Italy, Malta, Portugal, and San Marino
April 16, 2000 -- Statement by Hon. Giuliano Amato, Governor of the Fund for Italy, at the International Monetary and Financial Committee meeting on April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Albania, Greece, Italy, Malta, Portugal, and San Marino
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Joint Staff Assessments
May 28, 2002 -- Joint Staff Assessment of the Poverty Reduction Strategy Paper
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 572Kb
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Letters of Intent
January 08, 2009 -- Albania -- Letter of Intent, January 08, 2009
PDF File Size: 148Kb
July 11, 2008 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 11, 2008
PDF File Size: 258Kb
March 14, 2008 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, Technical Memorandum of Understnading, March 14, 2008
PDF File Size: 277Kb
June 19, 2007 -- Albania -- Letter of Intent and Technical Memorandum of Understanding, June 19, 2007
PDF File Size: 291Kb
January 11, 2007 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 11, 2007
PDF File Size: 389Kb
July 14, 2006 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 14, 2006
PDF File Size: 404Kb
January 11, 2006 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 11, 2006
PDF File Size: 336Kb
July 22, 2005 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 22, 2005
PDF File Size: 409Kb
February 03, 2005 -- Albania -- Supplementary Memorandum on Economic and Financial Policies, Technical Memorandum of Understanding, February 03, 2005
PDF File Size: 424Kb
June 24, 2004 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 24, 2004
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
January 09, 2004 -- Albania -- Letter of Intent, Supplementary Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 9, 2004
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
January 07, 2003 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 7, 2003
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
June 12, 2002 -- Albania -- Letter of Intent, Memorandum of Economic and Financial Policies, Technical Memorandum of Understanding, June 12, 2002
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
January 12, 2001 -- Albania Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 12, 2000
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
May 25, 2000 -- Albania Letter of Intent, Memorandum on Economic and Financial Policies, and Technical Memorandum of Understanding, May 25, 2000
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
December 21, 1999 -- Albania Letter of Intent, December 21, 1999
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
May 22, 1999 -- Albania Letter of Intent, May 22, 1999
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
December 12, 1998 -- Albania Letter of Intent, December 12, 1998
This Letter of Intent of the government of Albania describes the policies that Albania intends to implement in the context of its request for financial support from the IMF.
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Mission Concluding Statements
September 27, 2013 -- Albania: Concluding Statement of the Staff Visit
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
October 01, 2012 -- Albania-Concluding Statement of the 2012 Article IV Consultation Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
June 22, 2011 -- Albania- Preliminary Conclusions of the Staff Mission for the 2011 Article IV Discussions
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
March 19, 2010 -- Albania--2010 Article IV Consultation, Preliminary Conclusions of the Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
November 11, 2008 -- Concluding Statement of the IMF Mission for Albania
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
September 23, 2008 -- Albania: IMF Discussion with Government on 2009 Budget in an Unsettled Global Financial Environment
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 13, 2008 -- Statement by IMF Staff at the Conclusion of the Article IV Consultation and the PRGF-EFF Review Mission to Albania
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 15, 2006 -- Albania -- Statement by IMF Staff at the Conclusion of the Article IV Consultation and the PRGF-EFF Review Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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News Briefs
June 21, 2002 -- News Brief: IMF Gives Final Approval of PRGF Arrangement for Albania
July 13, 2001 -- News Brief: IMF Approves Final Loan of US$6 Million Under PRGF to Albania
January 26, 2001 -- News Brief: IMF Completes Albania Review and Approves US$6 Million Credit Tranche
June 09, 2000 -- News Brief: IMF Completes Albania PRGF Review and Approves US$3 Million Credit Tranche
January 19, 2000 -- News Brief: IMF Completes Albania Review and Approves US$13 Million Credit Tranche
June 14, 1999 -- News Brief: IMF Executive Board Approves Albania's Second Annual Program under ESAF and Augmentation; Releases US$30 million Credit Tranche
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Other
February 09, 2011 -- Report on the Technical Assistance Evaluation Mission to Transition Economies - Albania and Georgia
Subject: Technical assistance missions | Albania | Georgia | Central banks | Staff training | Statistics | Special Data Dissemination Standard | Technical assistance programs | Transition economies | Statistics Department
March 20, 2000 -- Southeast Europe: Regional Economic Prospects, External Financing Needs, and IMF Programs
Generally prudent macroeconomic management in most countries has provided a stable environment in which economic growth should rebound quite strongly in 2000
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Policy Framework Paper
May 28, 1999 -- Policy Framework Papers--Albania--Enhanced Structural Adjustment Facility Policy Framework Paper, 1999-2001 - Table of Contents
Describes economic objectives, macroeconomic and structural policies for three-year adjustment programs supported by ESAF resources, as well as associated external financing needs and major sources of financing
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Poverty Reduction Strategy Paper
May 20, 2002 -- Albania--Supplement to the Poverty Reduction Strategy Paper of November 2001
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
November 30, 2001 -- Albania-Poverty Reduction Strategy Paper -- Table of Contents, November 30, 2001
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
May 03, 2000 -- Interim Poverty Reduction Strategy Paper--Albania--Table of Contents
Summarizes the current knowledge and analysis of a country's poverty situation, describes the existing poverty reduction strategy, and lays out the process for producing a fully developed PRSP in a participatory fashion.
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Press Releases
March 27, 2014 -- Press Release: Albania Financial Forum II Meeting
March 19, 2014 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Albania
February 28, 2014 -- Press Release: IMF Executive Board Approves €330.9 Million Extended Arrangement for Albania
December 17, 2013 -- Press Release: Statement at the Conclusion of an IMF Mission to Albania
September 27, 2013 -- Press Release: Statement at the Conclusion of an IMF Staff Visit to Albania
June 25, 2013 -- Press Release: IMF Releases Revised Results and Expands Coordinated Direct Investment Survey to 100 Economies
February 15, 2013 -- Press Release: Experts Discuss Possible Steps for Sound Fiscal Policy to Sustain Growth in Albania
October 02, 2012 -- Press Release: Statement at the Conclusion of an IMF Mission to Albania
April 09, 2009 -- Press Release: Statement by the IMF Mission to Albania
January 28, 2009 -- Press Release: IMF Executive Board Completes the Sixth and Final Review Under the PRGF and EFF Arrangements with Albania and Approves US$3.6 Million Disbursement
October 02, 2008 -- Press Release: Statement by the IMF Resident Representative in Albania
July 28, 2008 -- Press Release: IMF Executive Board Completes the Fifth Review Under the PRGF and EFF Arrangements with Albania and Approves US$4 Million Disbursement
March 31, 2008 -- Press Release: IMF Executive Board Completes the Fourth Review Under the PRGF and EFF Arrangements with Albania and Approves US$4 Million Disbursement
November 15, 2007 -- Press Release: Statement of an IMF Staff Mission to Albania
October 02, 2007 -- Press Release: Statement at the Conclusion of an IMF Mission to Albania
July 09, 2007 -- Press Release: IMF Executive Board Completes the Third Review Under the PRGF and EFF Arrangements with Albania and Approves US$3.7 Million Disbursement
May 23, 2007 -- Press Release: Statement by IMF Deputy Managing Director Murilo Portugal at the Conclusion of a Visit to Albania
May 09, 2007 -- Press release: Statement by an IMF mission to Albania
February 02, 2007 -- Press Release: IMF Executive Board Completes Second Review Under PRGF Arrangement and Second Review Under EFF Arrangement with Albania and Approves US$3.6 Million Disbursement
July 24, 2006 -- Press Release: IMF Executive Board Completes First Review Under PRGF Arrangement and First Review Under EFF Arrangement with Albania and Approves US$3.6 Million Disbursement
January 27, 2006 -- Press Release: IMF Executive Board Approves US$24.7 Million under the PRGF and EFF for Albania
August 01, 2005 -- Press Release: IMF Executive Board Completes Sixth Review Under a PRGF Arrangement with Albania and Approves US$5.8 Million Disbursement
May 18, 2005 -- Press Release: Statement by IMF Staff at the Conclusion of the Final PRGF Review Mission to Albania
February 28, 2005 -- Press Release: IMF Executive Board Completes Fifth Review Under PRGF Arrangement with Albania and Approves US$6.1 Million Disbursement
July 14, 2004 -- Press Release: IMF Completes Fourth Review Under PRGF Arrangement with Albania and Approves US$6 Million Disbursement
March 31, 2004 -- Press Release: Statement on the Second Forum on Poverty Reduction Strategies for the Balkans
January 23, 2004 -- Press Release: IMF Completes Third Review Under PRGF with Albania, Approves US$5.9 Million Disbursement, and Grants Waiver
July 15, 2003 -- Press Release: IMF Completes Second Review of PRGF Arrangement for Albania
July 02, 2003 -- Press Release: IMF Completes In Principle Second Review and Approves US$6 Million Loan under PRGF for Albania
February 26, 2003 -- Press Release: IMF Completes First Review and Approves US$5 Million Tranche under PRGF for Albania
June 19, 2002 -- Press Release: IMF Approves In Principle 3-year, US$36 Million PRGF Loan to Albania
June 30, 2000 -- Press Release: IMF Approves Third Annual PRGF for Albania
June 14, 1999 -- Press Release: IMF Approves Second Annual ESAF Arrangement and Augmentation for Albania
May 13, 1998 -- Press Release: IMF Approves Three-Year ESAF Loan for Albania
November 07, 1997 -- Press Release: IMF Approves Emergency Post Conflict Assistance for Albania
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Public Information Notices
January 11, 2013 -- Albania: IMF Executive Board Concludes 2012 Article IV Consultation
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 21, 2011 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 12, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 29, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 26, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 10, 2005 -- Public Information Notice: IMF Executive Board Concludes 2004 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 07, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Albania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 27, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Albania
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
June 23, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Albania
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
June 22, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Albania
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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Publications
March 19, 2014 -- Albania: 2013 Article IV Consultation and Request for Extended Arrangement
Series: Country Report No. 14/78
March 19, 2014 -- Albania: Financial System Stability Assessment
Series: Country Report No. 14/79
January 28, 2014 -- Boosting Job Growth in the Western Balkans
Author/Editor: Dmitriy Kovtun | Alexis Mayer Cirkel | Zuzana Murgasova | Dustin Smith | Suchanan Tambunlertchai
Series: Working Paper No. 14/16
January 11, 2013 -- Albania: 2012 Article IV Consultation
Series: Country Report No. 13/7
November 01, 2011 -- What Can Low-Income Countries Expect from Adopting Inflation Targeting?
Author/Editor: Gemayel, Edward R. | Jahan, Sarwat | Peter, Alexandra
Series: Working Paper No. 11/276
July 19, 2011 -- Albania: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 11/187
July 19, 2011 -- Albania: Report on Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 11/188
July 12, 2010 -- Albania: Selected Issues
Series: Country Report No. 10/206
March 01, 2010 -- Fiscal Objectives in the Post IMF Program World: The Case of Albania
Author/Editor: Jonas, Jiri
Series: Working Paper No. 10/77
February 27, 2009 -- Albania: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under the Extended Arrangement, and Financing Assurances Review - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 09/73
August 22, 2008 -- Albania: Poverty Reduction Strategy Paper-Joint Staff Advisory Note
Series: Country Report No. 08/270
August 04, 2008 -- Albania: Poverty Reduction Strategy Paper-National Strategy for Development and Integration
Series: Country Report No. 08/269
April 10, 2008 -- Albania: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under the Extended Arrangement, and Financing Assurances Review - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 08/128
July 18, 2007 -- Albania: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, and Financing Assurances Review - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 07/244
February 21, 2007 -- Albania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, and Financing Assurances Review - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 07/75
October 31, 2006 -- Albania: Report on the Observance of Standards and Codes - Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework
Series: Country Report No. 06/393
August 01, 2006 -- Albania: Selected Issues
Series: Country Report No. 06/285
February 14, 2006 -- Albania: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources - Request for an Extended Arrangement - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 06/54
January 23, 2006 -- Albania: Poverty Reduction Strategy Paper - Annual Progress Report
Series: Country Report No. 06/23
August 09, 2005 -- Albania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems
Series: Country Report No. 05/274
August 03, 2005 -- Albania: Sixth Review Under the Extended Arrangement Under the Poverty Reduction and Growth Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review - Staff Report; Supplementary Information; and Press Release on the Executive Board Consideration
Series: Country Report No. 05/267
March 10, 2005 -- Albania: Ex Post Assessment of Longer-Term Program Engagement
Series: Country Report No. 05/88
March 10, 2005 -- Albania: Selected Issues and Statistical Appendix
Series: Country Report No. 05/90
December 01, 2004 -- Integrating a Unified Revenue Administration for Tax and Social Contribution Collections: Experiences of Central and Eastern European Countries
Author/Editor: Barrand, Peter | Ross, Stanford G. | Harrison, Graham
Series: Working Paper No. 04/237
July 21, 2004 -- Albania: Poverty Reduction Strategy Paper Annual Progress Report
Series: Country Report No. 04/204
July 21, 2004 -- Albania: Joint Staff Assessment of the Poverty Reduction Strategy Paper Annual Progress Report
Series: Country Report No. 04/205
July 16, 2004 -- Albania: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 04/206
January 30, 2004 -- Albania: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review--Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 04/22
November 01, 2003 -- Early Birds, Late Risers, and Sleeping Beauties: Bank Credit Growth to the Private Sector in Central and Eastern Europe and in the Balkans
Author/Editor: Cottarelli, Carlo | Dell'Ariccia, Giovanni | Hollar, Ivanna Vladkova
Series: Working Paper No. 03/213
July 23, 2003 -- Albania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 03/218
July 23, 2003 -- Albania: Joint Staff Assessment of the Poverty Reduction Strategy Paper Annual Progress Report
Series: Country Report No. 03/219
July 08, 2003 -- Albania: Report on the Observance of Standards and Codes--Fiscal Transparency Module
Series: Country Report No. 03/202
June 16, 2003 -- Albania: Poverty Reduction Strategy Paper Progress Report
Series: Country Report No. 03/164
March 07, 2003 -- Albania: Selected Issues and Statistical Appendix
Series: Country Report No. 03/64
July 05, 2002 -- Albania: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; News Brief and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 02/135
July 05, 2002 -- Albania: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; News Brief and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania
Series: Country Report No. 02/135
February 01, 2002 -- Stabilization Policies and Structural Reforms in Albania Since 1997--Achievements And Remaining Challenges
Author/Editor: Treichel, Volker
Series: Policy Discussion Paper No. 02/2
February 01, 2002 -- Stabilization Policies and Structural Reforms in Albania Since 1997--Achievements And Remaining Challenges
Author/Editor: Treichel, Volker
Series: Policy Discussion Paper No. 02/2
September 01, 2001 -- A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe
Author/Editor: Klyuev, Vladimir
Series: Working Paper No. 01/140
September 01, 2001 -- A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe
Author/Editor: Klyuev, Vladimir
Series: Working Paper No. 01/140
July 30, 2001 -- Albania: Selected Issues and Statistical Appendix
Series: Country Report No. 01/118
July 30, 2001 -- Albania: Selected Issues and Statistical Appendix
Series: Country Report No. 01/118
April 01, 2001 -- Financial Sustainability and Reform Options for the Albanian Pension Fund
Author/Editor: Treichel, Volker
Series: Working Paper No. 01/47
February 05, 2001 -- Albania: First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; News Brief on the Executive Discussion; and Statement by Authorities of Albania
Series: Country Report No. 01/29
December 01, 2000 -- Inflation in Albania
Author/Editor: Rother, Philipp C.
Series: Working Paper No. 00/207
July 28, 2000 -- Albania: Statistical Appendix
Series: IMF Staff Country Report No. 00/87
June 23, 2000 -- Albania: Staff Report for the 2000 Article IV Consultation and Second Review Under the Second Annual Arrangement Under the Poverty Reduction and Growth Facility
Series: IMF Staff Country Report No. 00/74
Notes: Included with the Staff Report is the text of Public Information Notice No. 00/43
August 18, 1999 -- Albania: Recent Economic Developments and Statistical Appendix
Series: IMF Staff Country Report No. 99/69
July 01, 1999 -- The Rise and Fall of the Pyramid Schemes in Albania
Author/Editor: Jarvis, Christopher J.
Series: Working Paper No. 99/98
June 22, 1999 -- Albania - Staff Report for the 1999 Article IV Consultation, Request for Second Annual Arrangement Under the Enhanced Structural Adjustment Facility and Request for Augmentation
Series: IMF Staff Country Report No. 99/50
Notes: Included with the Staff Report is the text of Public Information Notice No. 99/51--IMF Concludes Article IV Consultation with Albania.
September 05, 1998 -- Albania
Series: IMF Staff Country Report No. 98/62
July 01, 1998 -- Inflation and Money Demand in Albania
Author/Editor: Kalra, Sanja
Series: Working Paper No. 98/101
May 01, 1998 -- Reducing Inflation - Lessons from Albania's Early Success
Author/Editor: McNeilly, C. | Schiesser-Gachnang, Doris
Series: Working Paper No. 98/78
April 17, 1997 -- Albania-Recent Economic Developments
Series: IMF Staff Country Report No. 97/21
August 01, 1996 -- The Social Safety Net in Albania
Author/Editor: Koliadina, Natasha
Series: Working Paper No. 96/96
July 20, 1995 -- Albania - Background Information
Series: IMF Staff Country Report No. 95/53
Notes: This report on background information in Albania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
October 01, 1994 -- Albania - Income Distribution, Poverty, and Social Safety Nets in the Transition, 1991-1993
Author/Editor: van Rijckeghem, Caroline
Series: Working Paper No. 94/123
October 01, 1994 -- Albania - Income Distribution, Poverty, and Social Safety Nets in the Transition, 1991-1993
Author/Editor: van Rijckeghem, Caroline
Series: Working Paper No. 94/123
June 15, 1992 -- Albania: From Isolation Toward Reform
Author/Editor: Bléjer, Mario I. | Mecagni, Mauro | Sahay, Ratna | Hides, Richard | Johnston, R. B. | Nagy, Piroska Mohácsi | Pepper, Roy
Series: Occasional Paper No. 98
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Reports on the Observance of Standards and Codes
June 16, 2000 -- Report on the Observance of Standards and Codes: Albania -- Data Dissemination
This report compares country practices in Albania with internationally recognized standards and codes in the areas of data dissemination, fiscal transparency, monetary and financial policy transparency, and banking supervision, and in some instances, one or all of the following: securities markets, insurance regulations, and accounting and auditing standards. In reviewing countries' observance of standards, the report covers disclosure practices and also discusses issues related to the quality of the information released.
May 30, 2000 -- Report on the Observance of Standards and Codes: Albania -- Table of Contents
This report compares country practices in Albania with internationally recognized standards and codes in the areas of data dissemination, fiscal transparency, monetary and financial policy transparency, and banking supervision, and in some instances, one or all of the following: securities markets, insurance regulations, and accounting and auditing standards. In reviewing countries' observance of standards, the report covers disclosure practices and also discusses issues related to the quality of the information released.
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Speeches
January 09, 1995 -- Remarks by Michel Camdessus
Remarks at the Opening Dinner of the 1995 Pew Economic Freedom Fellows Program, Georgetown University, Washington, D.C.
December 21, 1994 -- Supporting Transition in Central and Eastern Europe: An Assessment and Lessons from the IMF's Five Years' Experience -- Address by Michel Camdessus
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Staff Papers
December 01, 2000 -- IMF Staff Papers - Volume 47, Number 1, 2000 - The Rise and Fall of the Pyramid Schemes in Albania, by Chris Jarvis
What lessons can be drawn from the unprecedented growth and spectacular collapse of financial pyramid schemes in Albania? This paper discusses the origins of the pyramid schemes and the way the authorities handled them. It also analyzes the economic effects of the pyramid schemes, concluding that despite the descent into anarchy triggered by the schemes' collapse, their direct effects on the economy are difficult to specify and appear to have been limited. Finally, the paper argues that prevention of pyramid schemes is better than cure and that governments and international financial institutions should be vigilant in clamping down on frauds.
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Transcripts
January 13, 2006 -- Transcript of an IMF Book Forum -- Growth and Poverty Reduction in Armenia
April 28, 1999 -- Press Briefing: The International Comunity Responds to the Kosovo Crisis
Welcome to the press conference on the economic consequences of the Kosovo crisis.