This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Albania and the IMF. Additional information can be found on Albania and IMF country page, including official IMF reports and Executive Board documents in English that deal with Albania.
This office is part of the Regional Office for the Western Balkans.
At a Glance: Albania's Relations with the IMF
- Current IMF membership: 190 countries
- Albania joined the Fund on October 15, 1991
- Quota: SDR 139.30 million
- The 2023 Article IV Consultation was discussed by the Executive Board on January 8, 2024
- Financial Position in the Fund
Office Activities
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Inflation Dynamics in the Western Balkans
March 3, 2023
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The Future of PPPs in the Western Balkans
February 10, 2023
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Past efforts to build policy buffers and a broadly appropriate macroeconomic policy mix during 2020–21 have helped Albania withstand the impact of consecutive shocks since 2019. Growth is expected to remain solid in 2022 before decelerating in 2023, and inflation is projected to return to the central bank’s target only in 2024. There is considerable uncertainty. Risks to growth are tilted to the downside and risks to inflation are to the upside.
December 9, 2022
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Staff Concluding Statement of the 2022 Article IV Mission
October 10, 2022
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IMF Staff Concludes a Staff Visit to Albania
May 19, 2022
IMF's Work on Albania
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Albania: 2024 Staff Visit Press Release
July 15, 2024
Albania: 2024 Staff Visit Press Release
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Transcript of IMF Press Briefing
June 6, 2024
Good morning, everyone, both to those of you here with us in person and those joining us online, welcome to this IMF Press Briefing. I am Julie Kozack, Director of the Communications Department. As usual, this briefing is embargoed until 11:00 a.m. Eastern Time in the U.S. I will begin with some announcements and then we will turn to your questions in person, on Webex, or via the Press Center.
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IMF Executive Board Concludes 2023 Article IV Consultation with Albania
January 12, 2024
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Albania and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.
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Albania: 2023 Article IV Consultation-Press Release and Staff Report
January 12, 2024
Series:Country Report No. 2024/007
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Albania: Staff Concluding Statement of the 2023 Article IV Mission
October 27, 2023
The Albanian economy has emerged as one of the stronger performers in the region.
Regional Economic Outlook
April 19, 2024
A soft landing for Europe’s economies is within reach. Securing the baseline of growth with price stability will require careful monetary policy calibration. Faster fiscal consolidation would ensure buffers are adequate to tackle future shocks, while structural fiscal reforms would help address mounting long-term expenditure pressures. Beyond the near-term recovery, raising potential growth prospects calls for efforts at both the domestic and European levels. Measures should aim to raise labor force participation, prepare the workforce for looming structural shifts, set an enabling environment for private investment, and promote innovation on a level European playing field—especially when it comes to the green transition, including through a strong commitment to carbon pricing. Greater European integration would amplify the effect of these reforms. Formulating an ambitious set of growth-enhancing reforms should be a key priority of a new EU commission.
Read the Report