Nadeem Ilahi

The IMF said the first review of the program in Bosnia, agreed in September 2016, would now be delayed "significantly", after the country's parliament failed to vote through changes to finance laws.

IMF economist Nadeem Ilahi, who led a team from the IMF visiting Tirana from April 30 to May 13, on Tuesday said the country's fiscal performance was in line with programme targets in the first quarter of 2014.

“The authorities remain committed to further fiscal consolidation in 2015 in order to begin to reduce public debt as envisaged under their economic program,” Ilahi noted.