Albania: 2013 Article IV Consultation and Request for Extended Arrangement

Publication Date: March 19, 2014
Electronic Access: Free Full text (PDF file size is 2,500KB).
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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(s): Article IV consultation reports | Fiscal policy | Public debt | Fiscal consolidation | Tax policy | Fiscal reforms | Monetary policy | Bank supervision | Debt sustainability analysis | Extended arrangement requests | Staff Reports | Press releases | Albania

Publication Date: March 19, 2014
ISBN/ISSN: 9781484338339/1934-7685 Format: Paper
Stock No: 1ALBEA2014001 Pages: 113
US$18.00 (Academic Rate:
US$18.00 )
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