Albania: Ninth and Tenth Reviews Under the Extended Arrangement, and Proposal for Post-Programmonitoring-Press Release; Staff Report; and Statement by the Excutive Director for Albania
IMF Staff Country Reports, February 28, 2017
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- Albania: Ninth and Tenth Reviews Under the Extended Arrangement, and Proposal for Post-Programmonitoring-Press Release; Staff Report; and Statement by the Excutive Director for Albania
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Bibliographic details
- Published: February 28, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475583441.002
Summary and Staff Recommendation
- Paper discusses Albania’s Ninth and Tenth Reviews under the Extended Arrangement and Proposal for Post-Program Monitoring.
- All performance criteria were met.
- Of the three indicative targets, two were met and one was missed by a narrow margin.
- Eleven structural benchmarks were implemented.
- Over the past three years, the authorities have met most quantitative targets and have made good progress in implementing the structural reform agenda under the program, albeit with some delays.
- IMF staff supports the completion of the Ninth and Tenth Reviews under the Extended Arrangement.
Program Performance and Quantitative Targets
- All performance criteria: met.
- Indicative targets: three total; one missed by a narrow margin.
- Timeframe referenced: "over the past three years" quantitative target performance and structural reform progress.
Structural Reforms and Benchmarks
- Structural benchmarks implemented: eleven.
- Progress characterized as "good" with some delays in implementation.
Policy Themes and Subjects Covered
- Subject tags from the report: Arrears, External debt, Property tax, Public debt, Revenue administration, Taxes.
- Keywords included: accommodative monetary policy stance, Arrears, CR, credit institution, executive board's decision, foreign currency, inflation expectation, ISCR, Property tax, public finance.
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- Country Report