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Minister of Finance: The Albanian economy has grown, despite the prices

2022-07-01 10:06:12Biznes SHKRUAR NGA REDAKSIA VOX
Minister of Finance: The Albanian economy has grown, despite the prices
Delina Ibrahimi, Minister of Finance and Economy

The Minister of Economy, Delina Ibrahimaj, in a press conference, stated that inflation in Albania is the lowest in the region. According to her, this is also reflected in the prices of various products.

"The only element that has shown growth is transport. Which resulted in a 0.5% increase. Albania has had a lower inflation rate than the entire region. Albania has been lower in the increase in prices significantly better than in the Region" said Delina Ibrahimaj.

Among other things, the minister emphasized that although there has been inflation, the number of businesses has increased. Compared to last year, the increase in the number of businesses is 17%. The minister added that exports have increased.


"Exports increased in May. In terms of volume, we had the same performance as last year plus 7%. In terms of value, exports have increased by 37%," said Ibrahimaj.

Regarding the incomes, the Minister added that they have increased by 21.8% despite the price increase crisis.

"Revenues have increased by 21.8% compared to last year. The total value of income is 41.8 billion ALL," said Ibrahimaj.


"The Albanian economy has grown due to the increase in prices. Based on the circulation of the economy. We have had growth in all sectors," added the minister.

The Minister of Finance, Delina Ibrahimaj, has announced that the level of public debt for the first three months in our country has reached 69.6% due to the acceleration of economic growth and the slowdown of domestic borrowing.

Among other things, he points out that the main concern is inflation, since rates have been increasing and in May, reached 6.7%.  


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