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Albania [electronic resource] : 2008 Article IV Consultation, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, Financing Assurances Review, and Request for Modification of Performance Criteria: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Albania.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2008.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 08/267.
IMF Staff Country Reports; Country Report No. 08/267
Format/Description:
Government document
Book
1 online resource (106 p.)
Local subjects:
Announcements.
Article IV consultations.
Balance of payments.
Bank loans.
Bilateral loans.
Budget law.
Budget projections.
Cash management.
Central bank.
Collections.
Commercial borrowing.
Commercial debt.
Commercial loans.
Concessional debt.
Consumer credit.
Credit ceilings.
Credit concentration.
Credit demand.
Credit risk.
Credit risk management.
Creditors.
Currency composition.
Currency debt.
Current account.
Current account balance.
Current account deficit.
Current account deficits.
Debt.
Debt burden.
Debt consolidation.
Debt database.
Debt dynamics.
Debt forgiveness.
Debt instruments.
Debt management.
Debt management capacity.
Debt maturities.
Debt ratio.
Debt reduction.
Debt relief.
Debt rescheduling.
Debt service.
Debt service obligations.
Debt service ratio.
Debt statistics.
Debt stock.
Debt strategy.
Debt sustainability.
Debt sustainability analysis.
Debts.
Deficits.
Direct loans.
Domestic borrowing.
Domestic currency.
Domestic debt.
Domestic financing.
Domestic public debt.
Domestic savings.
Economic indicators.
Electric power.
Expenditures.
Export credit.
Extended arrangements.
External borrowing.
External debt.
External debt database.
External debt service.
External debt statistics.
External debt stock.
External debt sustainability.
External financing.
External payment.
External payments.
External payments arrears.
External shocks.
Fiscal policy.
Floating exchange rates.
Foreign debt.
Foreign loan.
General resources account.
Government debt.
Government securities.
Interest.
Interest costs.
Liabilities.
Loan disbursements.
Loans.
Local taxes.
Long-term debt.
Long-term external debt.
Long-term loans.
Multilateral loans.
Net debt.
Nonconcessional debt.
Obligations.
Payment agreements.
Payment arrears.
Payments.
Payroll tax.
Performance criteria modifications.
Poverty Reduction and Growth Facility.
Ppg debt.
Private credit.
Private creditors.
Private external debt.
Private sector debt.
Productivity.
Property tax.
Public and publicly guaranteed.
Public and publicly guaranteed debt.
Public debt.
Public debt management.
Public expenditure.
Public finances.
Public sector borrowing.
Public sector debt.
Public sector management.
Publicly-guaranteed.
Repayment.
Repayments.
Repurchases.
Reserve assets.
Reserve holdings.
Restructuring.
Short-term debt.
Staff Reports.
Suppliers credits.
Tax collection.
Tax incentives.
Tax reforms.
Tax revenues.
Taxes.
Taxpayers.
Total external debt.
Transition economies.
Treasury bills.
Albania.
Summary:
This 2008 Article IV Consultation highlights that over the last decade, Albania’s macroeconomic performance has generally been strong and per capita GDP in U.S. dollar terms more than doubled. Strong fiscal policy, largely based on major improvements in tax administration, lowered public debt from 66 percent of GDP in 2001 to 53 percent in 2007. Risks to domestic and external stability have receded somewhat. Domestic credit growth, though still elevated, has decelerated from past highs. The authorities have adapted regulatory and supervisory regimes to keep abreast with the rapidly developing financial system.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451800924:
9781451800920
ISSN:
1934-7685
Publisher Number:
10.5089/9781451800920.002
Access Restriction:
Restricted for use by site license.
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