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Albania.

Author: INTERNATIONAL MONETARY FUND
Publisher: International Monetary Fund, 2016.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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, four purchases totaling the equivalent of SDR 123.1 million have been made, and another one equivalent to SDR 57.76 million will be made available upon completion of the fifth and sixth reviews. Recent Economic Developments: Economic recovery is  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: INTERNATIONAL MONETARY FUND
ISBN: 1475557876 9781475557879
OCLC Number: 948781296
Description: 1 online resource
Contents: Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; PROGRAM PERFORMANCE; POLICY DISCUSSIONS; A. Outlook and Risks; B. Ensuring Fiscal Sustainability and Implementing Structural Fiscal Reforms; C. Safeguarding Financial Stability and Unlocking Credit; D. Advancing Structural Reforms; PROGRAM DESIGN AND RISKS; STAFF APPRAISAL; FIGURES; 1. Output and Growth Developments; 2. Price Developments; 3. External Developments; 4. Fiscal Developments; 5. Financial Developments; TABLES; 1. Basic Indicators and Macroeconomic Framework, 2013-19; 2a. General Government Operations, 2013-19 (Percent of GDP). 2b. General Government Operations, 2013-19 (Billions of leks)3a. Balance of Payments, 2013-19 (Percent of GDP); 3b. Balance of Payments, 2013-19 (Millions of euros); 4a. Monetary Survey, 2013-17; 4b. Summary of Accounts of the Central Bank, 2013-17; 5. IMF Core Indicators of Financial Soundness, 2007-16; 6. Current Schedule of Reviews and Purchases; 7. Indicators of Capacity to Repay to the Fund, 2013-21; APPENDICES; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding.

Abstract:

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, four purchases totaling the equivalent of SDR 123.1 million have been made, and another one equivalent to SDR 57.76 million will be made available upon completion of the fifth and sixth reviews. Recent Economic Developments: Economic recovery is underway, but growth remains below potential and inflationary pressures are limited. Nonperforming loans (NPLs) have started declining but are still high, and credit growth remains s.

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