The main aim of the paper is to analyze the effectiveness of IMF funds that Albania receives, and are they good sources to stimulate economic development, reduction of poverty, increase health and help environmental issues. In many countries IMF programs appear to be ineffective and also in Albania somehow, funds did not achieve to be the main source of development. But, it is not only IMF that makes the programs ineffective because very important factor in realization are official people working in corresponding countries, external shocks, policy changes and compatibility of programs with country public policies. DOI: 10.5901/ajis.2015.v4n3s1p205