Albania: 2012 Article IV Consultation

Publication Date:

January 11, 2013

Electronic Access:

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Summary:

Despite a stern global financial crisis and fiscal imbalances within the country, Albania's prudent policies supported its economy to grow and safeguarded the soundness of the financial system. The Executive Board of the International Monetary Fund (IMF) encouraged the authorities to use prospective privatization receipts mainly for debt reduction and clearance of unpaid bills. The Directors recognized that financial risks remained elevated, and called for continued supervisory vigilance. They stressed the need to accelerate structural reforms in many areas to boost potential growth.

Series:

Country Report No. 2013/007

Subject:

English

Publication Date:

January 11, 2013

ISBN/ISSN:

9781475532418/1934-7685

Stock No:

1ALBEA2013001

Pages:

68

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