Albania: Staff Report for the 2000 Article IV Consultation and Second Review Under the Second Annual Arrangement Under the Poverty Reduction and Growth Facility

Publication Date:

June 23, 2000

Electronic Access:

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Summary:

The Kosovo crisis in March 1999 and the large influx of refugees placed a considerable strain on the country. Progress in structural reforms has been significant considering the Kosovo crisis. The process of privatizing about 520 small and medium-size enterprises was completed, contracts were signed for the transfer of copper and chromium mines to foreign investors, and albeit with delay, the authorities’ recently signed agreement with investors on the privatization of the National Commercial Bank. Executive Directors commended the Albanian authorities for their policies to maintain macroeconomic stability.

Series:

Country Report No. 2000/074

Subject:

Notes:

Included with the Staff Report is the text of Public Information Notice No. 00/43

Frequency:

semi-annual

English

Publication Date:

June 23, 2000

ISBN/ISSN:

9781451800630/1934-7685

Stock No:

1ALBEA0012000

Pages:

69

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