Albania: Second and Third Reviews Under the Extended Arrangement and Request for Waiver for the Nonobservance of Performance Criterion, Waiver of Applicability of Performance Criteria, and Rephasing of Future Disbursements

February 26, 2015

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Format: Chicago

Albania: Second and Third Reviews Under the Extended Arrangement and Request for Waiver for the Nonobservance of Performance Criterion, Waiver of Applicability of Performance Criteria, and Rephasing of Future Disbursements, (USA: International Monetary Fund, 2015) accessed September 18, 2024

Summary

This paper discusses Albania’s Second and Third Reviews Under the Extended Arrangement and Request for Waiver for the Nonobservance of Performance Criterion, Waiver of Applicability of PCs, and Rephasing of Future Disbursements. The program is on track. All end-June, end-September, and available end-December quantitative PCs were met. However, the continuous PC on the accumulation of external arrears was not observed because of technical delay with one interest payment. The IMF staff supports the authorities’ request for the completion of the second and third reviews under the Extended Arrangement, waiver of applicability of PCs, and rephasing of future disbursements.

Subject: Arrears, Banking, Economic sectors, Energy sector, External debt, Public debt, Revenue administration

Keywords: Albania's parliament, Arrears, CR, Energy sector, Governor of the Bank of Albania, ISCR, NPL portfolio, NPL ratio, Soundness data, Staff appraisal

Publication Details

Pages:

78
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/048
Stock No:

1ALBEA2015001
ISBN:

9781498337212
ISSN:

1934-7685

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