Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement
February 14, 2006
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This paper discusses a Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). This arrangement aims to prepare Albania for graduation from IMF-supported programs. If properly implemented, the policies it embodies will reduce vulnerabilities, enhance growth potential, strengthen government solvency, and protect priority spending. These policies will also contribute to improved governance—a precondition for attracting the high-quality investment needed to address the structural imbalances in the external accounts and to ensure the continuation of strong growth. Remaining vulnerabilities in the financial system are also addressed.
Subject: Expenditure, External debt, Public debt, Revenue administration, Tax administration core functions
Keywords: Baltics, CR, Eastern Europe, electricity company, Europe, firm, Global, IMF staff representative, IMF TA mission, ISCR, LTO's audit function, Southern Europe, staff appraisal, Tax administration core functions
Pages:
107
Volume:
2006
DOI:
Issue:
054
Series:
Country Report No. 2006/054
Stock No:
1ALBEA2006002
ISBN:
9781451800852
ISSN:
1934-7685
