Have a personal or library account? Click to login
Managing fiscal risks in Albania: Challenges, comparative insights, and policy recommendations Cover

Managing fiscal risks in Albania: Challenges, comparative insights, and policy recommendations

By: Anisa Kume  
Open Access
|Jun 2025

Figures & Tables

Figure 1.

Methodological Flow: From Data Sources to Policy Implications
Source: Author’s elaboration based on institutional and international datasets.
Methodological Flow: From Data Sources to Policy Implications Source: Author’s elaboration based on institutional and international datasets.

Graph 1.

GDP growth, debt-to-GDP, and fiscal deficit (Albania and peers)
Source: Ministry of Finance (2024); IMF Article IV Reports (2023–2024); World Bank (2021–2024)
GDP growth, debt-to-GDP, and fiscal deficit (Albania and peers) Source: Ministry of Finance (2024); IMF Article IV Reports (2023–2024); World Bank (2021–2024)

Graph 2.

SOE arrears reduction and PPP exposure
Source: Ministry of Finance (2024); IMF (2023–2024); World Bank (2021–2024)
SOE arrears reduction and PPP exposure Source: Ministry of Finance (2024); IMF (2023–2024); World Bank (2021–2024)

Graph 3.

Public Debt to GDP Trend (2029-2025)
Source: Ministry of Finance (2024); IMF Article IV Reports (2021–2024); World Bank Macro Outlook (2023–2024)
Public Debt to GDP Trend (2029-2025) Source: Ministry of Finance (2024); IMF Article IV Reports (2021–2024); World Bank Macro Outlook (2023–2024)

Summary of Key Data Sources, Variables, and Uses Source: Author’s compilation

SourceType of DataUsed For
Ministry of Finance of Albania (2023–2024)FR Reports, SOE arrears. PPP exposures, macro indicatorsTrend analysis, baseline scenarios
World Bank(2021,2025)Country diagnostics, fiscal risk benchmarking, PPP managementRegional comparison, good practices
IMF Article IV Reports (2023–2024)Macroeconomic forecasts, fiscal balance, SOE governanceStress testing, macro-fiscal modeling
Draft Disaster Risk Fiscal Assessment (2025)Natural disaster risk and fiscal impact estimatesContingent liability simulation
National Budget Documents(2020–2024)Debt, deficit, revenues, projectionsBaseline fiscal indicators, verification
DOI: https://doi.org/10.2478/rsep-2025-0007 | Journal eISSN: 2547-9385 | Journal ISSN: 2149-9276
Language: English
Page range: 81 - 92
Submitted on: May 30, 2025
Accepted on: Jun 12, 2025
Published on: Jun 17, 2025
Published by: BC Group
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2025 Anisa Kume, published by BC Group
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.