Albania : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania
Electronic Access:
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Summary:
Albania’s economy continues to strengthen, benefitting from rising domestic demand, large energy-related FDI, and a recovery in key EU trading partners. Fiscal and financial vulnerabilities have been lowered; however, challenges remain from the high level of public debt and financing needs, non-performing loans (NPLs), and institutional weaknesses that hinder investment. The clear government mandate following election victory in June, the favorable economic outlook, and the prospects for opening negotiation for EU accession provide a window of opportunity to resume implementing the reform agenda. Albania remains under Post-Program Monitoring.
Series:
Country Report No. 17/373
Subject:
Albania Article IV consultation reports Balance of payments statistics Debt sustainability analysis External sector Financial stability Fiscal consolidation Fiscal policy Fiscal sector Fiscal sustainability Inflation targeting Macroprudential policies and financial stability Monetary policy Press releases Public debt Real sector Staff reports
English
Publication Date:
December 13, 2017
ISBN/ISSN:
9781484332573/1934-7685
Stock No:
1ALBEA2017002
Format:
Paper
Pages:
90
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