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

Author/Editor:

International Monetary Fund

Publication Date:

July 18, 2007

Electronic Access:

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Summary:

Albania’s Third Review Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility is analyzed. Albania has reached a pivotal stage in its economic development. Increasing foreign direct investment and rapid financial sector development point to a faster convergence toward the emerging market income levels. The authorities will take revenue measures and use expenditure savings to fully cover the cost of stabilizing the state-owned electricity company’s financial position in 2007.These measures should ensure that priority expenditure is protected and budgetary safeguards remain adequate.

Series:

Country Report No. 07/244

Subject:

English

Publication Date:

July 18, 2007

ISBN/ISSN:

9781451800906/1934-7685

Stock No:

1ALBEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

81

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