IMF Staff Country Reports

Albania: Fiscal Transparency Evaluation

January 15, 2016

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Albania: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2016) accessed November 8, 2024

Summary

This paper discusses key findings of the fiscal transparency evaluation for Albania. Many of the fundamental elements of fiscal transparency are now in place. The budget clearly shows the government’s forecasts of revenue and its plans for spending and for financing the deficit. The budget is detailed, showing spending on each of several hundred government programs. Reports on the implementation of the budget are frequent, timely, and comprehensive. Basic data on revenue and spending are published monthly, usually no more than 20 days after the end of the month. Quarterly and annual reports give more detailed information. There are even daily reports listing each government payment.

Subject: Budget planning and preparation, Economic and financial statistics, Expenditure, Financial statements, Fiscal risks, Government finance statistics, Macroeconomic and fiscal forecasts, Public debt, Public financial management (PFM)

Keywords: Accounts payable, Annual budget, Budget documentation, Budget planning and preparation, Budget-execution report, Central and Eastern Europe, CR, Debt data, Debt holding, Draft budget Law, Expenditure projection, Fiscal risks, Fiscal year, GDP volatility, Government finance statistics, ISCR, Macroeconomic and fiscal forecasts, Ministry of Finance show exemption, Natural resources, Public finance, Real GDP, Reserve fund, Volatility in Albania

Publication Details

  • Pages:

    52

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/005

  • Stock No:

    1ALBEA2016001

  • ISBN:

    9781513598734

  • ISSN:

    1934-7685