TohidA/MONA · Datasets at Hugging Face

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

2

09/30/2006

M

Met for P1R2.

2

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

2

Quarterly

SB

NULL. Reports provided on a quarterly basis.

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

3

03/31/2006

M

Met for P1R1.

2

3

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

3

09/30/2006

M

Met for P1R2.

2

3

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

3

Quarterly

SB

NULL. Reports issued on a quarterly basis.

2

3

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare biannual reports (within one month of the end of each semester) on the stock of external arrears.

1

03/31/2006

M

Met for P1R1.

2

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare biannual reports (within one month of the end of each semester) on the stock of external arrears.

1

09/30/2006

M

Met for P1R2.

2

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare biannual reports (within one month of the end of each semester) on the stock of external arrears.

1

Other

SB

NULL. Reports prepared on a biannual basis. Listed as "Prepare semi-annual reports (within one month of the end of each semester) on the stock of external arrears." in R2.

2

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Submit to parliament of new public debt law

1

09/30/2006

M

N/A

2

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Conduct an independent review of staffing requirements in the debt management unit of the Treasury and Public Debt Management Directorate, including a review of the conditions (e.g., competitive salary) necessary to recruit people with the appropriate skills.

2

06/30/2007

SB

N/A

2

2007-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Develop and discuss with IMF staff an Action Plan for implementing the recommendations of the IMF TA mission on debt management.

3

06/30/2006

M

N/A

2

3

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

03/31/2006

M

Met for P1R1.

2

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

09/30/2006

M

Met for P1R2.

2

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

Continuous

SB

N/A

2

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

03/31/2006

M

Met for P1R1.

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

09/30/2006

M

Met for P1R2.

2

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

Other

SB

NULL. Reports submitted on a semi-annual basis.

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare and issue instructions for submitting public investment proposals consistent with the budget and the Medium-Term Budgetary Plan.

1

06/30/2006

M

N/A

2

1

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete a census of the wage bill for all budgetary sector employees.

1

06/30/2006

M

N/A

2

1

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Establish and staff a public investment program department within the General Directorate of the Ministry of Finance.

2

06/30/2006

M

N/A

2

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish a credit bureau within the Bank of Albania.

1

06/30/2007

MOD-DATE

At P1R2, new 12/31/2007 test date established to provide sufficient time to establish a proper legal framework.

2

1

2007-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish a credit bureau within the Bank of Albania.

1

12/31/2007

SB

N/A

2

1

2007-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to parliament a new banking law.

2

03/31/2007

M

N/A

2

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to parliament of new legislation improving the efficiency and timeliness of the execution of collateral.

3

12/31/2006

PM

At P1R2, draft legislation is prepared, but not yet submitted to Parliament due to delays in the prcess of inter-agency review.

2

3

2006-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Develop and discuss with IMF staff an Action Plan for implementing the recommendations of the Financial Sector Stability Assessment Report.

4

03/31/2006

M

N/A

2

4

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Complete the revision of national accounts for 1997-2004 and prepare preliminary national accounts for 2005.

1

11/30/2006

MD

At P1R2, met with minor delay.

2

1

2006-11-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare revised estimates of private transfers in the balance of payments.

2

12/31/2006

M

N/A

2

2006-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare advance GDP estimates for the first half of 2005.

3

03/31/2006

M

N/A

2

3

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare and publish preliminary national accounts for 2004.

4

03/31/2006

M

N/A

2

4

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Deploy the ASYCUDA system in 10 customs houses

1

03/31/2006

M

N/A

2

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Implement the risk assessment module of the ASYCUDA system in 10 customs houses to perform inspections

2

03/31/2006

M

N/A

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Prepare and approve by the Minister of Finance an action plan to review the role of the Tax Police, including a description of the measures that will be taken to implement IMF technical assistance recommendations in this area (as specified in the FAD report "Albania-Challenges to Reforming Tax Administration" of June 2005, page. 63)".

3

03/31/2007

PC

N/A

2

3

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SPC

20.5

1.5. Debt Management

Finalize and publish a debt management strategy defining the main goals of debt management, the targets for the main characteristics of public debt, including currency composition, average maturity and modified duration, and the main debt instruments; and a time frame for implementing the debt management strategy.

1

10/31/2006

M

NULL. While Albania did not complete the debt-management strategy by the end-September 2006 test-date, this does not constitute nonobservance because Albania had relied on understandings with Fund staff prior to the first review that the test-date would be end-October 2006. Due to an administrative error this understanding was not reflected in the Board decisions completing the first review, but was reflected in the staff report.

2

1

2006-10-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-02-02

P1

R2

BLANK

SPC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

KESH to meet the targets under the 2006-2008 Power Sector Action Plan for end-March 2006 with regards to collection rates and losses.

1

03/31/2006

W

At P1R1, not met, and waiver granted.

2

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

PA

20.2

1.2. Revenue administration, including customs

Strengthen the Large Taxpayers Office (LTO) by incorporating all firms meeting set criteria into the LTO

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

PA

20.2

1.2. Revenue administration, including customs

Strengthen the Large Taxpayers Office (LTO) by integrating the audit of social security contributions into the LTO's audit capacity.

2

Program Prior Action

M

N/A

3

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

PA

20.2

1.2. Revenue administration, including customs

Develop and discuss with IMF staff an action plan for implementing the recommendations of the IMF technical assistance mission on tax administration.

3

Program Prior Action

M

N/A

3

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve 2006 budget in line with program targets.

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Conclude a contract with a major development institution providing for technical assistance to (i) develop and finalize a new energy sector strategy to promote increased private sector involvement, including the privatization of electricity distribution, and (ii) provide on-going resources through mid-2007 to assist with preparing for the privatization of electricity distribution.

1

First Review Prior action

M

N/A

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase the number of taxpayers paying social security contributions (excluding agricultural workers and voluntary contributors) to 440 thousands.

1

07/31/2008

SB

N/A

3

1

2008-07-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase the share of tax revenue collected by the Large Taxpayer's Office to 50 percent of all tax collected by end-June 2006.

2

06/30/2006

M

N/A

3

2

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

03/31/2006

M

Met for P1R1.

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

09/30/2006

M

Met for P1R2.

3

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

03/31/2007

M

Met for P1R3.

3

1

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

Quarterly

SB

NULL. Reports provided on a quarterly basis.

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

2

03/31/2006

M

Met for P1R1.

3

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

2

09/30/2006

M

Met for P1R2.

3

2

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

2

03/31/2007

M

Met for P1R3.

3

2

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare and issue quarterly reports on progress made in the actual use of the risk assessment module of the ASYCUDA system to perform inspections in the customs.

2

Quarterly

SB

NULL. Reports issued on a quarterly basis.

3

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare a feasibility study for merging small branches of the GDT and establishing bigger an more efficient branches

3

10/31/2006

M

N/A

3

2006-10-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Make the Large Taxpayer Office (LTO) a full service office for all large taxpayers in Albania.

4

10/31/2007

SB

N/A

3

4

2007-10-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.2

1.2. Revenue administration, including customs

Develop a comprehensive cross agency campaign aimed at improving compliance in relation to social security contributions, including appointing a sufficiently-mandated person to coordinate the efforts.

5

12/31/2007

SB

N/A

3

5

2007-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare semi-annual reports (within one month of the end of each semester) on the stock of external arrears.

1

03/31/2006

M

Met for P1R1.

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare semi-annual reports (within one month of the end of each semester) on the stock of external arrears.

1

09/30/2006

M

Met for P1R2.

3

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare semi-annual reports (within one month of the end of each semester) on the stock of external arrears.

1

03/31/2007

M

Met for P1R3.

3

1

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Prepare semi-annual reports (within one month of the end of each semester) on the stock of external arrears.

1

Other

SB

NULL. Reports submitted on a semi-annual basis. Previously listed in the arrangement as "Prepare biannual reports (within one month of the end of each semester) on the stock of external arrears." in earlier reviews.

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.5

1.5. Debt Management

Conduct an independent review of staffing requirements in the debt management unit of the Treasury and Public Debt Management Directorate, including a review of the conditions (e.g., competitive salary) necessary to recruit people with the appropriate skills.

1

06/30/2007

M

N/A

3

1

2007-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.5

1.5. Debt Management

Develop and discuss with IMF staff an Action Plan for implementing the recommendations of the IMF TA mission on debt management.

2

06/30/2006

M

N/A

3

2

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.5

1.5. Debt Management

Submit to parliament of new public debt law

3

09/30/2006

M

N/A

3

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

03/31/2006

M

Met for P1R1.

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

09/30/2006

M

Met for P1R2.

3

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

03/31/2007

M

Met for P1R3.

3

1

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Conduct an independent feasibility study for any large project (as defined in the TMU) financed through non-concessional commercial borrowing.

1

Continuous

SB

N/A

3

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

03/31/2006

M

Met for P1R1.

3

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

09/30/2006

M

Met for P1R2.

3

2

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

03/31/2007

M

Met for P1R3.

3

2

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Provide a semestrial listing and status report on all projects being considered for nonconcessional foreign financing.

2

Other

SB

NULL. Reports submitted on a semi-annual basis.

3

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare and issue instructions for submitting public investment proposals consistent with the budget and the Medium-Term Budgetary Plan.

1

06/30/2006

M

N/A

3

1

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete a census of the wage bill for all budgetary sector employees.

1

06/30/2006

M

N/A

3

1

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Establish and staff a public investment program department within the General Directorate of the Ministry of Finance.

2

06/30/2006

M

N/A

3

2

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Complete the establishment of a credit bureau within the Bank of Albania.

1

06/30/2007

MOD-DATE

At P1R2, new 12/31/3007 test date established to provide sufficient time to establish a proper legal framework.

3

1

2007-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Complete the establishment of a credit bureau within the Bank of Albania.

1

12/31/2007

SB

At P1R3, descriptor changed from "establish a credit bureau within the Bank of Albania" to current sb, retaining 12/31/07 test date.

3

1

2007-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Allow nonbank foreign and domestic institutional investors full access to primary auctions--on a competitive basis--for all government securities.

2

09/30/2007

SB

N/A

3

2

2007-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit the necessary legislation to Parliament for transferring supervisory authority over the remaining leasing companies to the Bank of Albania.

3

10/31/2007

SB

N/A

3

2007-10-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Develop and discuss with IMF staff an Action Plan for implementing the recommendations of the Financial Sector Stability Assessment Report.

4

03/31/2006

M

N/A

3

4

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to parliament of new legislation improving the efficiency and timeliness of the execution of collateral.

5

12/31/2006

PM

At P1R2, draft legislation is prepared, but not yet submitted to Parliament due to delays in the prcess of inter-agency review.

3

5

2006-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to parliament a new banking law.

6

03/31/2007

M

N/A

3

6

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare advance GDP estimates for the first half of 2005.

1

03/31/2006

M

N/A

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare and publish preliminary national accounts for 2004.

2

03/31/2006

M

N/A

3

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Complete the revision of national accounts for 1997-2004 and prepare preliminary national accounts for 2005.

3

11/30/2006

MD

At P1R2, met with minor delay.

3

2006-11-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Prepare revised estimates of private transfers in the balance of payments.

4

12/31/2006

M

N/A

3

4

2006-12-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Deploy the ASYCUDA system in 10 customs houses

1

03/31/2006

M

N/A

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Implement the risk assessment module of the ASYCUDA system in 10 customs houses to perform inspections

2

03/31/2006

M

N/A

3

2

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Prepare and approve by the Minister of Finance an action plan to review the role of the Tax Police, including a description of the measures that will be taken to implement IMF technical assistance recommendations in this area (as specified in the FAD report "Albania-Challenges to Reforming Tax Administration" of June 2005, page. 63)".

3

03/31/2007

M

N/A

3

2007-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

20.2

1.2. Revenue administration, including customs

Remove all inactive taxpayers from the register of active taxpayers maintained by the General Directorate of Taxation

4

12/15/2007

PC

N/A

3

4

2007-12-15

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

20.5

1.5. Debt Management

Finalize and publish a debt management strategy defining the main goals of debt management, the targets for the main characteristics of public debt, including currency composition, average maturity and modified duration, and the main debt instruments; and a time frame for implementing the debt management strategy.

1

10/31/2006

M

NULL. While Albania did not complete the debt-management strategy by the end-September 2006 test-date, this does not constitute nonobservance because Albania had relied on understandings with Fund staff prior to the first review that the test-date would be end-October 2006. Due to an administrative error this understanding was not reflected in the Board decisions completing the first review, but was reflected in the staff report.

3

1

2006-10-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2007-07-09

P1

R3

BLANK

SPC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

KESH to meet the targets under the 2006-2008 Power Sector Action Plan for end-March 2006 with regards to collection rates and losses.

1

03/31/2006

W

At P1R1, not met, and waiver granted.

3

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Develop and discuss with IMF staff an action plan for implementing the recommendations of the IMF technical assistance mission on tax administration.

1

Program Prior Action

M

N/A

4

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Strengthen the Large Taxpayers Office (LTO) by incorporating all firms meeting set criteria into the LTO

2

Program Prior Action

M

N/A

4

2

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Strengthen the Large Taxpayers Office (LTO) by integrating the audit of social security contributions into the LTO's audit capacity.

3

Program Prior Action

M

N/A

4

3

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve 2006 budget in line with program targets.

1

Program Prior Action

M

N/A

4

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

21.1

2.1. Central bank operations and reforms

Increase the capital of BoA by transferring to it 86,000 ounces of gold.

1

Fourth Review Prior action

M

N/A

4

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

Implement an electricity tariff increase.

1

Fourth Review Prior action

M

N/A

4

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Conclude a contract with a major development institution providing for technical assistance to (i) develop and finalize a new energy sector strategy to promote increased private sector involvement, including the privatization of electricity distribution, and (ii) provide on-going resources through mid-2007 to assist with preparing for the privatization of electricity distribution.

1

First Review Prior action

M

N/A

4

1

2023-09-23

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase the number of taxpayers paying social security contributions (excluding agricultural workers and voluntary contributors) to 410 thousand.

1

07/31/2008

MOD-SB

At P1R4, change in target number to 410,000 (from 440,000) in light of new information. Test date reset to 7/31/2008.

4

1

2008-07-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase the number of taxpayers paying social security contributions (excluding agricultural workers and voluntary contributors) to 410 thousand.

1

07/31/2008

SB

N/A

4

1

2008-07-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase the share of tax revenue collected by the Large Taxpayer's Office to 50 percent of all tax collected by end-June 2006.

2

06/30/2006

M

N/A

4

2

2006-06-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

03/31/2006

M

Met for P1R1.

4

1

2006-03-31

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

09/30/2006

M

Met for P1R2.

4

1

2006-09-30

N/A

565

ALBANIA

914

PRGF-EFF

2006-01-27

2,006

2009-01-31

2,009

N/A

2008-03-28

P1

R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Improve VAT administration by preparing and providing to the Fund quarterly reports on the aggregate amounts of the VAT refunds requested, refunds paid and refunds rejected (within one month of the end of each quarter).

1

03/31/2007

M

Met for P1R3.

4

1

2007-03-31

N/A