IMF concludes Albania to face difficulties to reduce high public debt

Tirana Times
By Tirana Times May 7, 2019 15:36

IMF concludes Albania to face difficulties to reduce high public debt

Story Highlights

  • IMF suggested PPP concession contracts risk reduction
  • immediate arrears reduction
  • timely VAT reimbursements
  • stock settlement
  • debt management though short-term bond issues
  • creating an internal liquidity market
  • further reforms for limiting fiscal risks in the energy sector
  • bankruptcy legal framework, etc..

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TIRANA, May 7- The International Monetary Fund (IMF) mission in Albania conducted a visit in Tirana with country mission leader Jan Kees Martijn for the second Post-Program Monitoring (PPM) discussions

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