IMF Staff Country Reports

Albania : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

December 13, 2017

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

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 Financial stability Fiscal consolidation Fiscal policy Fiscal sustainability Inflation targeting Monetary policy Press releases Staff reports