Albania: Ex Post Assessment of Longer-Term Program Engagement

IMF Staff Country Reports, March 10, 2005

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Albania: Ex Post Assessment of Longer-Term Program Engagement

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Bibliographic details

• Published: March 10, 2005
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451800791.002

Executive summary

• This report presents an Ex Post Assessment of Albania’s Longer-Term-Program Engagement with the IMF.
• Albania has been engaged in a series of IMF-supported programs since the beginning of transition.
• The report:
  • provides an overview of economic developments and the overall role of the IMF in Albania,
  • reviews the implementation of financial policies,
  • examines selected dimensions of structural policies,
  • summarizes the record on meeting conditionality and the nature of Bank-IMF collaboration,
  • examines considerations for future program engagement.

Major themes and analytical focus

• Economic developments and IMF role
  • Overview of Albania’s macroeconomic developments during the period of program engagement.
  • Assessment of the IMF’s overall role in supporting Albania’s transition and stabilization efforts.
• Financial policy implementation
  • Review of monetary and fiscal policy implementation under IMF-supported programs.
  • Evaluation of public financial management and budget planning and preparation processes.
• Structural policies
  • Examination of selected structural reforms, including enterprise privatization and sector reform initiatives.
  • Attention to tax administration core functions and revenue administration.
• Conditionality and external collaboration
  • Summary assessment of Albania’s record on meeting program conditionality.
  • Review of the nature and outcomes of Bank-IMF collaboration.
• Forward-looking considerations
  • The report examines considerations for future IMF program engagement with Albania.

Subject coverage and keywords

• Subjects: Budget planning and preparation, Expenditure, Public financial management (PFM), Revenue administration, Tax administration core functions
• Keywords: balance of payments, budget deficit, Budget planning and preparation, Central and Eastern Europe, CR, current account, Eastern Europe, economic activity, enterprise privatization, exchange rate, Global, ISCR, monetary management, policy resolve, private sector, public expenditure, pyramid scheme, sector reform, Tax administration core functions

Content in this bundle

• Albania: Ex Post Assessment of Longer-Term Program Engagement
  • Albania: Ex Post Assessment of Longer-Term Program Engagement (Markdown version)
  • Albania: Ex Post Assessment of Longer-Term Program Engagement (PDF)