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US formalizes $302 million loan for Albania

2026-09-12 18:02:31Aktualitet SHKRUAR NGA REDAKSIA VOX

US formalizes $302 million loan for Albania

The US Defense Security Cooperation Agency (DSCA) has formalized the agreement for a direct loan of $302 million to Albania, within the framework of the Foreign Military Financing (FMF) program.

According to the DSCA announcement, the funding aims to support the modernization of the Albanian Armed Forces and increase the country's capacities to contribute to NATO's collective security.

The agreement was made in cooperation with the US Department of State. According to US authorities, the loan will provide Albania with low-cost financing and flexible terms for the development of defense capabilities.

The funds will be used for equipment and services produced by the American defense industry, also aiming to increase the interoperability of the Albanian Armed Forces with those of NATO allies.

After the publication of the agreement, the Minister of Defense, Ermal Nufi, also reacted, describing the funding as another indicator of the US's trust in Albania.

"This is more than funding. It is trust, strategic partnership and investment in the security of the future," Nufi declared.

According to the minister, the $302 million loan will help modernize the Armed Forces and increase Albania's contribution to NATO's collective security.

Nuf's post

DSCA announces good news about the direct Foreign Military Financing loan with the United States.

Confirmation once again by the #US of their trust in Albania, in our Alliance and in the path we have chosen for the modernization of the Armed Forces.

The Foreign Military Financing (FMF) direct loan agreement is a significant investment in our defense capabilities and in Albania's ability to contribute even more to NATO's shared security.

From The Hague Commitment to NATO 3.0, Albania is turning vision into concrete capacities.

This is more than funding. It is trust, strategic partnership, and investment in the security of the future.


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