Today: Apr 29, 2026

IMF warns of PPP, arrears risks to Albania’s mid-term growth outlook

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TIRANA, Jan. 29 – The International Monetary Fund has reiterated its warning over the growing use of public private partnerships and the accumulation of new unpaid government bills to the private sector as a threat to the country’s GDP growth and debt reduction agenda over the next five years. In a newly released report following a visit to the country last November, IMF representatives expect Albania’s economy to slow down to 3.7 percent in 2019, down from an expected decade of 4 percent in 2018, and linger around 3.9 to 4 percent over 2020-2023. The IMF forecasts are around 0.5…

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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