IMF Staff Country Reports

Albania: First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

February 5, 2001

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Format: Chicago

International Monetary Fund. "Albania: First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria", IMF Staff Country Reports 2001, 029 (2001), accessed 12/26/2025, https://doi.org/10.5089/9781451800647.002

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Summary

Executive Directors commended the authorities for their policies to maintain macroeconomic stability, which had resulted in favorable growth performance and zero inflation, and welcomed improvements in tax collection and encouraged the authorities to continue with their efforts to strengthen tax administration. The authorities are urged to proceed rapidly with structural reforms, in particular by improving governance further to ensure sustained growth and poverty reduction. Macroeconomic data, although adequate for program monitoring, continue to suffer from serious deficiencies, especially in the real sector.

Subject: Banking, Economic sectors, Expenditure, Monetary base, Money, Poverty, Poverty reduction strategy, Privatization, Revenue administration

Keywords: Albania review, CR, December, discussion of the review, Eastern Europe, enterprise privatization, Europe, ISCR, Monetary base, Poverty reduction strategy, PRGF arrangement, Privatization, staff appraisal, year-on-year inflation