EBRD has launched the Tirana Creditworthiness Enhancement Programme (CEP) to provide the City of Tirana with technical assistance in the area of financial management. The project aims to generate a sufficient budget surplus, have sufficient money to make debt repayments and service the loan (including interest), and stabilize and maintain this situation for the loan repayment period. The Tirana Creditworthiness Enhancement Programme is in line with the fiscal decentralization framework of Albanian government while it is considered by the City of Tirana not only as a program of technical assistance in servicing the loan, but also as a program for strengthening the financial management capacity of the City of Tirana before entering into the internal and external financial markets

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