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Albania :, Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Review Under Extended Arrangement, and Financing Assurances Review

Abstract
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 strikes a balance between reducing public debt and increasing priority expenditure. Progress in structural reform has been generally good. The program focuses on reducing fiscal vulnerabilities, improving budget management, and developing the financial system
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Performance Under the Program; III. Program Discussions; A. Economic Outlook; B. Fiscal Issues; C. Monetary Policy and Financial System Stability; D. Other Structural Reforms; E. Program Issues; IV. Staff Appraisal; Tables; 1. Basic Indicators and Macroeconomic Framework; 2a. Balance of Payments (In millions of Euros); 2b. Balance of Payments (In percent of GDP); 3a. Monetary Aggregates (In billions of leks); 3b. Monetary Aggregates (In percent of GDP); 4a. General Government Operations (In percent of GDP)
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (79 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452790282

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