Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement
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Summary:
This paper discusses a Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). This arrangement aims to prepare Albania for graduation from IMF-supported programs. If properly implemented, the policies it embodies will reduce vulnerabilities, enhance growth potential, strengthen government solvency, and protect priority spending. These policies will also contribute to improved governance—a precondition for attracting the high-quality investment needed to address the structural imbalances in the external accounts and to ensure the continuation of strong growth. Remaining vulnerabilities in the financial system are also addressed.
Series:
Country Report No. 2006/054
Subject:
Expenditure External debt Public debt Revenue administration Tax administration core functions
English
Publication Date:
February 14, 2006
ISBN/ISSN:
9781451800852/1934-7685
Stock No:
1ALBEA2006002
Pages:
107
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