The IMF representatives for Albania have arrived in Tirana for the fourth revise of the three year agreement signed between the Albanian government and the IMF.
After the approval of second and third tranche at the end of February 2015, the representatives of the IMF will analyze the entire system of public finances, in specifics the latest developments on macroeconomic sector and the perspective of economic growth, the balance of payments and fiscal conditions.
The officials will also write a report on the situation of debts, its structure and will identify the most effective ways in managing and reducing it. The conclusions of the analysis will be issued in a joint conference of the IMF representatives, the Albanian Minister of Finances and the Governor of Bank of Albania.
The IMF staff was headed by Nadeem Ilahi, the Chief of Mission for Albania and their visit in Tirana will last at least two weeks.
News source/photo credits: ATA
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