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 a...
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 a...
The main challenges for this review were to further redress long-running problems in the energy sector and to balance fiscal policy requirements for development spending with macroeconomic stability. The financial position of the state-owned electricity company (KESH) deteriorated significantly more than anticipated. The authorities have adopted a two-pronged solut...
The main challenges for this review were to further redress long-running problems in the energy sector and to balance fiscal policy requirements for development spending with macroeconomic stability. The financial position of the state-owned electricity company (KESH) deteriorated significantly more than anticipated. The authorities have adopted a two-pronged solut...
This paper focuses on the Poverty Reduction Strategy Paper—National Strategy for Development and Integration (PRSP–NSDI) for Albania. The paper provides an overview of the key challenges facing the country. It presents a brief statement of the national vision, identifies the strategic priorities, and articulates the strategic goals to be achieved. The paper also su...
This paper focuses on the Poverty Reduction Strategy Paper—National Strategy for Development and Integration (PRSP–NSDI) for Albania. The paper provides an overview of the key challenges facing the country. It presents a brief statement of the national vision, identifies the strategic priorities, and articulates the strategic goals to be achieved. The paper also su...
Albania was among the first countries to participate in the General Data Dissemination System (GDDS), posting its metadata on the Dissemination Standards Bulletin Board. Its metadata have been used as a model by other countries participating in the GDDS. Recommendations to increase further Albania’s adherence to internationally accepted statistical practices, and e...
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The 2007 budget is in line with the medium-term fiscal framework, which strike...
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The 2007 budget is in line with the medium-term fiscal framework, which strike...
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The 2007 budget is in line with the medium-term fiscal framework, which strike...
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The 2007 budget is in line with the medium-term fiscal framework, which strike...
Algeria’s key challenges are to achieve sustained growth and reduce unemployment, while maintaining macroeconomic stability. This 2006 Article IV Consultation highlights that real GDP growth of Algeria temporarily declined to about 3 percent in 2006, largely because of a drop in hydrocarbon output for technical reasons. Inflation remained low through mid-year but i...