IMF Staff Country Reports

Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania

Publication Date:

December 7, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Albania’s economy has shown considerable resilience in the face of the 2019 earthquake and the pandemic. After the hardship endured in 2020, real GDP is rebounding strongly by a projected 7.8 percent in 2021. Policies have played a critical role in preserving lives and livelihoods and thereby paving the way for the recovery. The key challenges now are to invest efficiently in people and the economy to support the continued development of the country and to rebuild room for fiscal policy maneuver by lowering the very high fiscal deficit and public debt.

Series:

Country Report No. 2021/259

Subject:

External debt Fiscal policy International organization Labor Minimum wages Monetary policy Public debt Revenue administration

Frequency:

regular