The World Bank Group's new Country Partnership Framework for Albania for the period 2015-2019 supports reforms in key areas that can help Albania maintain macroeconomic stability, create better conditions for private sector growth, and provide better public services for its citizens.
The CPF has been developed under a new World Bank Group approach to country engagement and through extensive consultations with the government authorities, business associations, civil society, development partners, and beneficiaries throughout Albania.
This strategy is based on available evidence and expertise and focused on achieving the goals of reducing poverty and increasing prosperity across Albanian society in a sustainable manner.
The overall goal of the World Bank Group's new strategy for Albania is to support the country's aspiration for achieving equitable growth and integration into the European Union.
Over the coming five-year period, the World Bank Group will focus its support to Albania in the following three key areas.
- Restore macroeconomic balances. The program in this area will support Albania’s efforts to improve fiscal sustainability, strengthen public investment management and improve financial stability that are necessary for fiscal stability.
- Create conditions for accelerated private sector growth. The program activities will support the Government’s reforms through interventions that promote growth and enhance inclusion of the poor and the bottom forty percent of the population.
- Strengthen public sector management and service delivery. The support in this area will focus on increasing efficiency of public service delivery and on improving equity and access to basic social services for all Albanian citizens.