Albania Covers the Minimum Fiscal Transparency Criteria

Albania has been described as a country that meets the minimum requirements in terms of fiscal transparency, as evaluated by the United Stated Department of State 2021 Fiscal Transparency Report, released on 25.06.

According to the report, Albania is ranked among the 74 countries that have met these minimum requirements, while in the estimate were 140 governments.

The report also states that the State Department has reviewed minimum fiscal transparency requirements in consultation with other relevant federal agencies and has updated, as well as strengthened those requirements.

“The Department concluded that, of the 141 governments evaluated, 74 met minimum requirements of fiscal transparency.  Two governments, Nigeria and The Gambia, met minimum requirements in 2021 after not meeting minimum requirements in 2020.  Sixty-seven governments did not meet the minimum requirements of fiscal transparency.  Of these 67, however, 17 governments made significant progress toward meeting the minimum requirements of fiscal transparency.

The Department assessed the following governments as meeting the minimum requirements of fiscal transparency for 2021:  Afghanistan, Albania, Argentina, Armenia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Cabo Verde, Chile, Colombia, Costa Rica, Côte d’Ivoire, Croatia, Czech Republic, Estonia, Fiji, The Gambia, Georgia, Ghana, Greece, Guatemala, Guyana, Honduras, Hungary, India, Indonesia, Israel, Jamaica, Jordan, Kenya, Kosovo, Kyrgyz Republic, Latvia, Lithuania, Malaysia, Malta, Marshall Islands, Mauritius, Mexico, Micronesia (Federated States of), Moldova, Mongolia, Montenegro, Morocco, Namibia, Nigeria, Nepal, North Macedonia, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Samoa, Serbia, Seychelles, Singapore, Slovakia, Slovenia, South Africa, Sri Lanka, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Uganda, and Uruguay.”

The full 2021 Fiscal Transparency Report is available on: https://www.state.gov/reports/2021-fiscal-transparency-report/.

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