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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2021. "Albania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Albania," IMF Staff Country Reports 2021/259, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2021/259
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=510834
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