{
  "title": "Albania: Request for a Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Use of Fund Resources—Request for an Extended Arrangement",
  "publication": "IMF Staff Country Reports, February 14, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/albania-request-for-a-threeyear-arrangement-under-the-poverty-reduction-and-growth-facility-18905",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF).\n- Objective: prepare Albania for graduation from IMF-supported programs.\n- If properly implemented, the policies in the arrangement will:\n  - reduce vulnerabilities,\n  - enhance growth potential,\n  - strengthen government solvency,\n  - protect priority spending,\n  - contribute to improved governance to attract high-quality investment,\n  - address structural imbalances in the external accounts,\n  - ensure continuation of strong growth.\n- Remaining vulnerabilities in the financial system are also addressed."
    },
    {
      "heading": "Key findings and expected outcomes",
      "content": "- The arrangement is designed to reduce macroeconomic vulnerabilities and support sustained growth.\n- Emphasis on governance improvements as a precondition for attracting investment needed to correct external account imbalances.\n- Protection of priority spending is highlighted as part of strengthening government solvency.\n- Financial sector vulnerabilities remain a concern and are explicitly included among policy objectives."
    },
    {
      "heading": "Policy measures and objectives",
      "content": "- Prepare for graduation from IMF-supported programs through a Three-Year Arrangement under the PRGF.\n- Implement policies to:\n  - reduce vulnerabilities,\n  - enhance growth potential,\n  - strengthen government solvency,\n  - protect priority spending,\n  - improve governance to attract high-quality investment,\n  - address structural imbalances in the external accounts,\n  - address remaining vulnerabilities in the financial system."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Expenditure, External debt, Public debt, Revenue administration, Tax administration core functions\n- 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\n\nInternational 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\n\n---\n\n Content in this bundle\n\n- cr0654\n  - cr0654 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0654 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: February 14, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451800852.002",
    "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:",
    "Remaining vulnerabilities in the financial system are also addressed.",
    "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.",
    "Prepare for graduation from IMF-supported programs through a Three-Year Arrangement under the PRGF.",
    "Implement policies to:",
    "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",
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