Minister of Economy and Innovation Delina Ibrahimaj rejected criticism from Democratic Party MP Enno Bozdo about Albania’s economic situation. She argued that economic indicators show clear improvement compared with previous years.
During a parliamentary debate, Bozdo raised concerns about income levels, structural reforms, pensions, and social assistance. He noted that income per capita remains around €10,000 per year.
In response, Ibrahimaj acknowledged that Albania still trails the European Union average. However, she stressed that the country has made steady progress over time and continues to narrow the gap with European economies.
She highlighted the European Union’s Growth Plan for candidate countries. The program provides financial support in exchange for reforms and aims to accelerate economic convergence with the EU.
Turning to pensions, Ibrahimaj said the government recognizes the need for higher pension payments. However, she rejected claims that pension indexation does not take place.
She explained that every year INSTAT calculates inflation specifically for pensioners using a dedicated basket of goods. The Institute of Social Insurance then uses this figure to adjust pensions annually.
The minister also argued that wage and pension increases must reflect economic productivity. She warned against financing rapid increases through excessive public borrowing.
Referring to Montenegro, Ibrahimaj said the country raised wages and pensions aggressively. At the same time, she noted, public debt also increased significantly.
“Of course we want higher wages and pensions,” she said. “But we must raise them in line with productivity and economic sustainability.”
Ibrahimaj also pointed to official data and international assessments that show lower poverty levels, more contributors to the pension system, and stronger economic performance than in 2013.
She stressed that Albania remains among the fastest-growing economies in the region. According to the minister, international institutions such as the International Monetary Fund and the World Bank support this assessment.
“We know there is more work to do on wages, pensions, and GDP,” Ibrahimaj said. “But Albania’s situation is better than before, and international institutions rank it among the fastest-growing economies in the Western Balkans.”
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