Albania : 2012 Article IV Consultation

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Albania : 2012 Article IV Consultation
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Volume/Issue:
2013/7
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
January 2013
DOI:
http://dx.doi.org/10.5089/9781475532418.002
ISBN:
9781475532418
ISSN:
1934-7685
Page:
68
Despite a stern global financial crisis and fiscal imbalances within the country, Albania's prudent policies supported its economy to grow and safeguarded the soundness of the financial system. The Executive Board of the International Monetary Fund (IMF) encouraged the authorities to use prospective privatization receipts mainly for debt reduction and clearance of unpaid bills. The Directors recognized that financial risks remained elevated, and called for continued supervisory vigilance. They stressed the need to accelerate structural reforms in many areas to boost potential growth.
Article

Albania: Staff Report for the 2012 Article IV Consultation—Informational Annex

Author(s):
International Monetary Fund. European Dept.
Published Date:
January 2013
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