Albania : 2013 Article IV Consultation and Request for Extended Arrangement /

This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening and imbalance of the economy. It highlights that high nonperforming loans (NPLs) are constraining credit growth, and weak external drivers are preventing a sustained reduction in ex...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, District of Columbia : International Monetary Fund, 2014
Series:IMF Staff Country Reports.
Subjects:
Local Note:ProQuest Ebook Central
Description
Summary:This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening and imbalance of the economy. It highlights that high nonperforming loans (NPLs) are constraining credit growth, and weak external drivers are preventing a sustained reduction in external imbalances. Reduction in NPLs would safeguard financial stability and help release credit supply constraints by lowering bank risk aversion. The authorities have requested a three-year arrangement with proposed access equivalent to SDR 295.42 million.
Physical Description:1 online resource (114 pages) : illustrations (some color), charts
ISBN:9781484338759
1484338758
1475516428
9781475516425
1484338553
9781484338551
Language:English.
Source of Description, Etc. Note:Online resource; title from PDF cover (ebrary, viewed May 1, 2014).