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Tuesday, 31 August 2010 |
The Albanian macro-economy is experiencing an improvement in the last months. Governor of the Bank of Albania Ardian Fullani said that some of the factors that influence this improvement are the increase of exports, the decline of the public sector’s importance in economy, the increase of private investments and a fixed inflation level.
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Monday, 30 August 2010 |
The end of August has increased the value of foreign currency in their exchange markets. The departure of the emigrants, which happens at the same time with the end of the summer season, has increased the request for Euro and USD, and as a consequence, it has increased their value.
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Saturday, 28 August 2010 |
Foreign investors are focusing their attention in the water supply system and management of water resources in Albania. Deputy Minister of Transport Edmond Haxhinasto said that the projects for the water supply system reach a total value of Euro 300 million.
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Saturday, 28 August 2010 |
The absence of the Administrative Court costs the Albanian business more than Euro 400 million a year. Based on this fact, Minister of Economy Eno Bozdo said that they can not tolerate any longer the attitude of the opposition, which has blocked the respective law in parliament for more than one year and a half.
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Thursday, 26 August 2010 |
Within some months, Albania will double its energetic capacities. While inspecting the substation of Kashar, Energy Minister Dritan Prifti said that through this investment, which accompanies the interconnection line with Montenegro, there will be no energy deficiencies because of technical causes.
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Tuesday, 24 August 2010 |
After the opposition’s requests, the Ministry of Economy, Trade and Energy published the concessions contract for the construction of the hydro power plants over Kardhiq River in Gjirokastra. Energy Minister Dritan Prifti said that every similar contract will be made public and he emphasized that the contract complies with all the respective legislation.
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Monday, 23 August 2010 |
During the last 4 years, the level of the emigrants’ remittances toward Albania has shown a considerable decrease. As it was predicted by the World Bank’s reports, and as a consequence of the difficult state of the world economy, the emigrants’ remittances, which have helped the Albanian economy and have covered the market deficit, have decreased.
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Wednesday, 21 July 2010 |
The budget cuts have left untouched only the support of the parties with the public money. All other state institutions after the approval of the budget cut have now less money in disposal. According to the chart of the budget, almost all institutions will receive fewer finances than the sum predicted at the beginning of the year.
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Friday, 16 July 2010 |
In the next 4 years the World Bank plans to invest in Albania more than 400 million euros. This was made official by the approval of the director’s board of the bank for the new Strategy of Partnership with the Country. This strategy that meets the national strategy of development and integration defined the financing of the bank for 2011-2014. So it was decided about the strategy discussed by the local representative of the Bank one week before in Alsat in the program “Studio e Hapur”.
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Monday, 28 June 2010 |
The use of the public funds and the responsibility for this will be predicted by a special law. The parliamentary commission of economy is analyzing the law for the management of the public funds, which is part of the European recommendations for meeting the legislation in the financial aspect. Some days ago the law of financial inspection passed in the commission which is closely connected with this law.
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