Bank of Albania has announced the holding of the International Financial Forum third session on June of this year, in Tirana capital. The third session of the International Financial Forum will be …
$5.2 ml fund for SMEs in Tirana capital presented by Tirana Mayor Lulezim Basha
The establishment of SMEs in Albania will be easier than ever through the new program launched by the Tirana Municipality in cooperation with the Norfund, Albanian American Development Fund and …
Ministry of Agriculture to boost medicinal planting through subsidy scheme
Farmers and businesses which gather and trade medicinal plants in the country can be supported by the newest subsidy scheme, issued by the Ministry of Agriculture. As it was announced several months …
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Investments in greenhouses to increase agricultural production
The agricultural sector has performed positively during the first months of this year, since the exports of fruits and vegetables have increased to 115%, compared to the previous year. In the domestic …
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Minister of Finances presents the “Strategy for the Management of Public Expenditures 2014-2020”
In the framework the public expenditures reform, the Minister of Finances Shkelqim Cani presented the Strategy for the Management of Public Finances 2014-2020, in a joint conference with the Director …
Standard and Poor’s credit rating for Albania stands at B/B
Standard and Poor’s has confirmed the B/B evaluation for Albania regarding the short and long term debt of the country, in general terms. The report cites: “We expect that the annual change of the …
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Taxes to increase their contribution to the state budget during 2015
Incomes from taxes may increase with 13% more during this year than in 2014, at an amount of 414.5 billion ALL, according to a study made by Open Data Albania. The study shows that incomes in the …
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Albania and the World Bank sign agreement on road maintenance
The Albanian government and the World Bank signed the agreement on the co-financing of the maintenance and road safety project, financed with EUR 65.9 ml by the World Bank and with EUR 41.2 ml by the …
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Bank of Albania’s report: The percentage of nonperforming loans has decreased
The non performing loans have been a crucial problem that the bank system in Albania faced in the past years, after the European crisis affected negatively to businesses and individuals’ budgets. The …
Bank of Albania: Lending for individuals increased during February of this year
Lending of the economy during February of this year, measured in annual terms, has performed positively by increasing by 3%, compared to the lending level on February of the past year. A report by …