Program Overview
Albania’s GDP has grown consistently at rates above 5 percent annually in the past decade. GDP per capita doubled during 1998-2008, while poverty halved (from 25 percent to 12 percent) in just 5 years, 2003 - 2008, one of the highest rates of poverty reduction in the ECA region. The last decade also saw important gains in substantially improving MDG indicators. The economy has come through the recent global turmoil in better shape than in many other countries. Despite the current slowdown induced by the global financial crisis, Albania is poised to resume its high growth rates gradually, being one of the few countries avoiding recession in 2009. This positive performance enabled Albania to transform itself from a low income to an upper middle income country as of July 2010. These achievements would not have been possible without substantial structural reforms aimed at building market economy mechanisms and institutions and a sound macroeconomic framework. Learn more
This is a collection of Project Briefs for all active projects in the country portfolio.
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