IMF: Albanian economy to grow by 3.6% in 2016

Tirana, Albania
13 April, 2016

In its April report, the International Monetary Fund says Albania’s economic growth for 2016 will be 3.4%, while in the next year Albania’s economic growth is expected to be 3.8%.

Regarding the inflation of prices, the IMF says this economic indicator will continue to remain under 3% in general. For 2016, inflation will be 2.2% while during 2017 it will increase to 2.7%, according to the International Monetary Fund.

In its monthly report, the IMF states that the global economy will grow at low levels, including the most developed economies such as USA, Canada, the EU countries economy and Japan economies.

News source/photo credits: Scan TV