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Albania; 2012 Article IV Consultation


  • International Monetary Fund


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.

Suggested Citation

  • International Monetary Fund, 2013. "Albania; 2012 Article IV Consultation," IMF Staff Country Reports 13/7, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:13/7

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    References listed on IDEAS

    1. Hermine De Soto & Peter Gordon & Ilir Gedeshi & Zamira Sinoimeri, 2002. "Poverty in Albania : A Qualitative Assessment," World Bank Publications, The World Bank, number 15234, June.
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    Cited by:

    1. World Bank, 2015. "Republic of Yemen," World Bank Other Operational Studies 23660, The World Bank.
    2. Kumhof, Michael & Yan, Isabel, 2016. "Balance-of-payments anti-crises," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 186-202.
    3. Fritsch, Jorik & Poudineh, Rahmatallah, 2016. "Gas-to-power market and investment incentive for enhancing generation capacity: An analysis of Ghana's electricity sector," Energy Policy, Elsevier, vol. 92(C), pages 92-101.
    4. Tambunlertchai, Kanittha, 2015. "Financial Inclusion, Financial Regulation, and Financial Education in Thailand," ADBI Working Papers 537, Asian Development Bank Institute.

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    Albania; public debt; current account; external debt; debt sustainability; domestic debt;

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