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IMF sees Albania’s medium-term economic outlook as ‘broadly favourable’

economic outlook

The International Monetary Fund (IMF) has said that Albania’s medium-term economic outlook is “broadly favourable”, even though growth is expected to moderate in 2019.

The bank believes that maintaining the growth momentum over the medium term requires reforms to improve the business climate and reduce vulnerabilities. Key risks stem from high public debt, weaknesses in public finances and bottlenecks to financial intermediation. Policy priorities include further fiscal consolidation through well-designed tax policies, better public investment management, and prudent actions to support credit for private sector investment.

Source: emerging-europe

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