The Minister of Economic Development, Trade, Tourism and Entrepreneurship Arben Ahmetaj held a press conference on May 15th to announce the controls that will be undertaken in the hydrocarbons sector. …
IMF completes the 4th review under Extended Fund Facility arrangement for Albania
On May 14th, the IMF Executive Board completed the fourth review under Extended Fund Facility arrangement for Albania by approving a fund of EUR 35.9 ml. The IMF officials finalized the review of the …
The increase of excise tax increased revenues to the state budget
The public finances have allocated more revenues in the state budget due to the increase of the excise tax in the beginning of this year. For the first four months of 2015, incomes allocated from the …
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The EBRD report: Albania’s GDP to increase by 3% in 2016
The European Bank for Reconstruction and Development has published a report regarding the perspective of the regional economy, according to which the GDP of Albania will increase by 2.5% for …
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The economic growth will not be more than 3%, says Bank of Albania
Bank of Albania has published a report for the economy’s performance during the first trimester of this year, which shows that the economic growth will be only 3% for 2015. The economy will reach the …
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Albania Post Service and the Italian Embassy sign agreement on reducing procedures
The Albanian Post Service and the Italian Embassy to Tirana have signed a complementary agreement with the aim to reduce the bureaucracies and ease the procedures for Italian citizens. The agreement …
President Erdogan visits Albania and inaugurates the Namazgja Mosque contruction
Turkish President Recep Tayyip Erdogan has arrived in Tirana capital in the framework of an official visit to Albania, welcomed by the President of the Republic of Albania, Bujar Nishani at the …
Institute of Statistics issues a report on the average gross salary in 2014
The average gross salary in Albania in 2014 was 45.539 ALL per month, according to the official figures published by the Institute of Statistics. The report shows that the foreign companies which …
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Sejko: Lending in Lek (Albanian Currency) increased to 40% during 2014
Bank of Albania's Governor Gent Sejko declared at the last hearing session at the Economy parliamentary Commission that the bank is applying several easing policies which, according to him are …
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Foreign markets have a high demand for Albanian native sage
In Tirana was held the fourth Conference with theme “The industry of medicinal plants, a guarantee for employment and development” by the Association of Collectors, Processers and Exporters of …
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