The IMF delegation has arrived in Tirana for the next round of discussions with senior finance officials. The delegation held a meeting with the Minister of Finances and high officials of the Ministry regarding the Budget 2015 and the realization of performance criteria.
The IMF is negotiating with the Albanian part to allocate the disbursement of the third tranche of the loan. According to the Ministry of Finances sources, the discussions between the IMF and Albania were interrupted in September without reaching an agreement for the disbursement of the remained tranche of the IMF loan of 20 million EUR.
In February 2014, the IMF Executive Board of Members approved a 36 months loan for Albania in order to support the governments’ reform program, at an amount of 330.9 million EUR.
News source/photo credits: ATA
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