Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...
Since 2020, the Albanian economy has faced a series of complex challenges. On one hand, inflation has experienced a significant increase, driven not only by domestic factors but also by turmoil and risks in the global economy. On the other...
At a time when the Bank of Albania has taken necessary measures by imposing limits on lending to the real estate sector, we must be clear. This is not just a technical measure but an alarm for the entire economic and...
The government's program, coordinated with the Bank of Albania to open a credit line of 25 billion ALL in support of agriculture and related sectors, such as low-interest lending and sovereign guarantees, is an important and necessary measure. However, it...
According to the Business and Consumer Confidence Survey (BCCS)[1], for the month of May 2024, reported by the Bank of Albania[2], it is stated that "The Economic Sentiment Indicator[3]] in May 2024 marked a...
During the first 4 months of 2024, the second level banks have given an average of 940 million ALL in loans every day. The amount shows that the demand from businesses and citizens has increased this year. New loans for businesses...
Budget expenditures in 2023 were realized in the amount of 674.68 billion ALL or 3.6% more expenditures from 2022 (23.7 billion ALL more in 2023). Total spending is 29.2% of GDP (Table below) with a decrease of -0.3% of GDP...
A fiscal policy that focuses on primary surpluses regardless of the stock of real debt, but combined with a monetary policy that ensures interest payments on outstanding debt, is assessed by international financial institutions as not causing debt to grow...
In general, the Albanian economy exceeded the forecasts of domestic and foreign economists for 2023. For 2024, it seems that economists are showing a cautious approach to the forecasts of economic growth declared by the government at the level below...
The Albanian economy, regardless of the situation outside its borders, is vulnerable, as it has left areas of its sovereignty not to be an influencing factor in cases of outbreaks of military and economic crises. The fact that the oil...
