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Support to Albania Extractive Industries Transparency Initiative Mainstreaming Process

Abstract*

The Extractive Industries Transparency Initiative (EITI) is the global standard to promote the accountable management of natural resources. Albania became EITI candidate in May 2009 and was became compliant with the EITI for the first time in May 2013. EITI implementation in Albania is managed by a technical secretariat, which was created by a ministerial council decision on July 07, 2010. The Albania EITI Technical Secretariat (EITI Secretariat)...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective (PDO) is to assist Albania’s EITI stakeholders to design effective policies to strengthen the transparent management of the extractive sector.

Key Details

Project Details

  • P177130

  • Active

  • Nina Inamahoro

  • Ministry of Finance and Economy

  • Albania

  • March 15, 2022

  • (as of board presentation)

    December 1, 2022

  • January 23, 2024

  • US$ 0.70 million

  • Minister of Infrastructure and Energy

  • Europe and Central Asia

  • 2023

  • US$ 0.70 million

  • N/A

  • Low

  • July 31, 2025

  • Yes

  • BANK APPROVED

  • February 9, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Extractives Global Programmatic Support 0.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 0.70
Total Project Cost** 0.70

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Unsatisfactory 2024-03-09
Overall Moderable 2024-03-09
Overall Implementation Progress (IP) Moderately Unsatisfactory 2024-03-09

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of EITI validation corrective actions completedValue0.000.0070.00
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Reconciliation of subnational extractive sector royalty revenues by Local Government Units (LGUs)ValueNoNoYes
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Reduction in unexplained payment declaration discrepancies by companies on tax on profit (ALL thousands)Value59608.0059608.000.00
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • EITI reporting is integrated in the annual statutory reporting cycle and receives the required audit and assurance proceduresValueNoNoYes
    DateApril 27, 2022February 9, 2024October 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Albania maintains a rating of meaningful progress at its next validation or achieves a satisfactory progress against the 2019 EITI Standard.ValuePerformance rated meaningful progressNo change has been recordedMaintains current rating or achieves a satisfactor
    DateApril 27, 2022February 9, 2024October 31, 2025
    Comment
  • Adoption of EITI law to mandate sector data disclosure by both public and private entitiesValueNoNoYes
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Reduction of EITI reporting lag time to one fiscal year or lessValue3.003.001.00
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Number of civil society members and representatives of LGUs who receive training on EITI reporting and natural resource governanceValue0.000.00150.00
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Number of new disclosures added to EITI reporting scopeValue0.000.005.00
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment
  • Completion and validation of gender disaggregated reporting template for EITI reportingValueNoNoYes
    DateMarch 31, 2022February 9, 2024October 31, 2025
    Comment