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Albania.

Author: International Monetary Fund European Dept
Publisher: Washington : International Monetary Fund, 2015.
Series: IMF Staff Country Reports.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
KEY ISSUES Background: In February 2014, the Executive Board approved a three-year Extended Arrangement with access equivalent to SDR 295.42 million (492.4 percent of quota). So far, three purchases totaling the equivalent of SDR 94.2 million have been made, and another one equivalent to SDR 28.88 million will be made available upon completion of the fourth review. Recent Economic Developments: Economic recovery is  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. European.
Albania: Fourth Review Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria-Staff Report; and Press Release.
Washington : International Monetary Fund, ©2015
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund European Dept
ISBN: 9781513598864 1513598864
OCLC Number: 908100966
Description: 1 online resource (114 pages).
Contents: Cover Page; Title Page; Copyright Page; Contents; APPENDIX; ANNEX; TABLES; FIGURES; BOX; CONTEXT AND DEVELOPMENTS; 1. Output and Growth Developments; 2. Price Developments; 3. External Developments; 4. Fiscal Developments; 5. Financial Developments; PROGRAM PERFORMANCE; 1. Basic Indicators and Macroeconomic Framework, 2011-19; 2a. General Government Operations, 2011-19 (Percent of GDP); POLICY DISCUSSIONS; A. Outlook and Risks; 2b. General Government Operations, 2011-19 (Billions of leks); 3a. Balance of Payments, 2011-19 (Percent of GDP). B. Improving Debt Dynamics and Implementing Structural Fiscal ReformsC. Safeguarding Financial Stability and Unlocking Credit; D. Advancing Structural Reforms; PROGRAM DESIGN AND RISKS; 3b. Balance of Payments, 2011-19 (Millions of euros); 4a. Monetary Survey, 2011-16; 4b. Summary of Accounts of the Central Bank, 2011-16; 5. IMF Core Indicators of Financial Soundness, 2007-14; 6. Schedule of Reviews and Purchases; 7. Indicators of Capacity to Repay to the Fund, 2011-19; STAFF APPRAISAL; 1. The Impact of Lower Oil Prices on Albania; I. Debt Sustainability Analysis (DSA); I. Letter of Intent. Attachment I. Memorandum of Economic and Financial PoliciesAttachment II. Technical Memorandum of Understanding; Footnotes.
Series Title: IMF Staff Country Reports.

Abstract:

KEY ISSUES Background: In February 2014, the Executive Board approved a three-year Extended Arrangement with access equivalent to SDR 295.42 million (492.4 percent of quota). So far, three purchases totaling the equivalent of SDR 94.2 million have been made, and another one equivalent to SDR 28.88 million will be made available upon completion of the fourth review. Recent Economic Developments: Economic recovery is underway, but growth remains below potential. The low oil price is expected to have a muted effect on growth and on the balance of payments, as pass-through is weak and Albania is o.

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