The relatively closed Albanian economy was impacted with a delay by the global financial crisis and therefore recorded positive growth of 3.5% in 2009. The timely response of monetary policy also softened the blow on the economy. While macroeconomic stability has been maintained and the budget for 2010 contains contingencies should revenue dynamics disappoint, reforms to mitigate bottlenecks to faster growth will need to be undertaken.
This brand new country report is focused on the economic outlook for Albania. Download it here.