Cover IMF Staff Country Reports
Albania: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2004: Issue 206
Language:
English
Publication Date:
16 Jul 2004
DOI:
https://doi.org/10.5089/9781451800760.002
ISBN:
9781451800760
ISSN:
1934-7685
Pages:
78
Keywords:
ISCR; CR; PRGF; PRGF loan; revenue; authority; implementation; PRGF arrangement; investment barrier; revenue-enhancing tax policy measure; private-sector activity; privatization process; broad money; Budget planning and preparation; Europe; Global
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This paper focuses on Albania’s Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review. Performance since the third review has been satisfactory overall, although 2003 fiscal revenue fell short of the ambitious budget targets. All quantitative performance criteria for end-March 2004 were met. The end-December 2003 indicative target for net credit to government was also met substantially despite revenue and external assistance.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2004: Issue 206