## Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania

_IMF Staff Country Reports, December 7, 2021_

## Source details

**Canonical URL:** [Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania](https://www.imf.org/en/publications/cr/issues/2021/12/07/albania-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-510834)

## Other formats

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## Bibliographic details
- Published: December 7, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781616356859.002

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### Overview and key findings
- Albania’s economy has shown considerable resilience in the face of the 2019 earthquake and the pandemic.
- After the hardship endured in 2020, real GDP is rebounding strongly by a projected 7.8 percent in 2021.
- Policies have played a critical role in preserving lives and livelihoods and thereby paving the way for the recovery.
- The key challenges now are to invest efficiently in people and the economy to support the continued development of the country and to rebuild room for fiscal policy maneuver by lowering the very high fiscal deficit and public debt.

### Major themes and areas of focus
- External debt
- Fiscal policy
- International organization
- Labor
- Minimum wages
- Monetary policy
- Public debt
- Revenue administration

### Keywords and emphasis
- Albanian economy
- economy firm
- Europe
- financing assessment
- fiscal policy support
- fund surveillance
- Global
- IMF's transparency policy
- inflation expectation
- Minimum wages

### Publication and document specifics
- Title: Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania
- Date: December 7, 2021
- Pages: 86
- Volume: 2021
- Issue: 259
- Series: Country Report No. 2021/259
- DOI: https://doi.org/10.5089/9781616356859.002
- Stock No: 1ALBEA2021001
- ISBN: 9781616356859
- ISSN: 1934-7685

*International Monetary Fund. Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania (Country Report No. 2021/259), December 7, 2021.*

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_Source: https://www.imf.org/en/publications/cr/issues/2021/12/07/albania-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-510834_