Albania: Sixth 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: Sixth 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
August 3, 2005
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This paper discusses key findings of the Sixth Review Under the Extended Arrangement Under the Poverty Reduction and Growth Facility (PRGF) for Albania. The macroeconomic performance of the Albanian economy has been good overall, with sustained growth and low inflation. Weak infrastructure and institutions, however, hold back export performance, and the economy remains dependent on migrant remittances to finance a large trade deficit. The 2005 macroeconomic outlook remains at 6 percent growth and about 3 percent inflation.
Subject: External debt, Money, Public debt, Revenue administration
Keywords: amount equivalent to SDR, Arrears, Central Asia, completion of the review, CR, Credit, deposit money banks deposits, Europe, Global, ISCR, policy tightening, PRGF arrangement, risk assessment module, SDR
Pages:
76
Volume:
2005
DOI:
Issue:
267
Series:
Country Report No. 2005/267
Stock No:
1ALBEA2005004
ISBN:
9781451800821
ISSN:
1934-7685
