Malaj: Albania Remains One of the Most Stable Economies in the Region

Minister of Finance Petrit Malaj said Albania continues to stand out as one of the most stable economies in the region.

He said the country maintains positive growth prospects. This comes despite global uncertainty, geopolitical tensions, and inflationary pressures.

Furthermore, he referred to the latest World Bank report. He said it confirms that Albania remains more resilient than many of its regional peers. According to the report, Albania’s economy is expected to grow by 3.4% in 2026. This rate is higher than the regional average of 2.9%.

As a result, Albania shows stronger economic performance than many neighboring countries. It also demonstrates the economy’s ability to withstand external shocks.

In addition, Malaj said this performance reflects the effectiveness of recent fiscal and economic policies. He argued that these policies have helped build a more competitive and diversified economy.

Moreover, he stressed that structural reforms and responsible public finance management are producing real results. These results support growth, investment, and citizen welfare.

/a.c/

The post Malaj: Albania Remains One of the Most Stable Economies in the Region appeared first on RTSH English.

Original post Here

News
Transport associations oppose VAT hike, warn of higher ticket prices from 2027

TIRANA, Nov 12 /ATA/ Exempting public transport from the VAT increase and including it in the reduced 6% VAT scheme were among the demands put forward by the Urban and Intercity Transport Association during discussions on the 2027 Fiscal Package. Sector representatives warned that the planned increase in VAT from 20% …

News
Inaugural edition of Albanian Music Nights kicks off with world premieres by Albanian composers

TIRANA, November 12 /ATA/ – Albanian chamber music has captivated audiences with the inaugural edition of the Albanian Music Nights festival. The festival’s opening night introduced a full house of art enthusiasts to new music through five world premieres. The concert included performances of “Folk Game for Five” by Hajg …

News
Works to begin tomorrow between former Eagle Square and Limuth Underpass, traffic diversions on Tirana–Durrës motorway

TIRANA, Nov 12 /ATA/ The Albanian Road Authority announced that work is ongoing on the project to complete outstanding works and improve the appearance of the road section between the former Eagle Square and the Limuth Underpass, focusing on finalising infrastructure elements and enhancing the route’s overall appearance. As part of …