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IMF: Uncertainties related to the elections put economy at risk

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10 years ago
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TIRANA, March 1 – As a 3-year binding deal with the International Monetary Fund came to an end this month and prospects of a renewed agreement were delayed after next June’s general elections, the IMF has warned Albania’s growth and fiscal consolidation recovery faces uncertainties related to both internal and external factors. In a report following the conclusion of the deal supported by a €331 loan, the Fund says political tensions ahead of next June 18 general elections and potential weakening of growth in the key trading partners Italy and Greece could hinder the implementation of structural reforms to improve…

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