Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement
IMF Staff Country Reports, February 14, 2006
Source details
- Canonical URL
- Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement
Other formats
Bibliographic details
- Published: February 14, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451800852.002
Overview
- Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF).
- Objective: prepare Albania for graduation from IMF-supported programs.
- If properly implemented, the policies in the arrangement will:
- reduce vulnerabilities,
- enhance growth potential,
- strengthen government solvency,
- protect priority spending,
- contribute to improved governance to attract high-quality investment,
- address structural imbalances in the external accounts,
- ensure continuation of strong growth.
- Remaining vulnerabilities in the financial system are also addressed.
Key findings and expected outcomes
- The arrangement is designed to reduce macroeconomic vulnerabilities and support sustained growth.
- Emphasis on governance improvements as a precondition for attracting investment needed to correct external account imbalances.
- Protection of priority spending is highlighted as part of strengthening government solvency.
- Financial sector vulnerabilities remain a concern and are explicitly included among policy objectives.
Policy measures and objectives
- Prepare for graduation from IMF-supported programs through a Three-Year Arrangement under the PRGF.
- Implement policies to:
- reduce vulnerabilities,
- enhance growth potential,
- strengthen government solvency,
- protect priority spending,
- improve governance to attract high-quality investment,
- address structural imbalances in the external accounts,
- address remaining vulnerabilities in the financial system.
Subject areas and keywords
- 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
International Monetary Fund. "Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement", IMF Staff Country Reports 2006, 054 (2006), accessed 9/11/2026, https://doi.org/10.5089/9781451800852.002