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Government’s financial support programs create more jobs

TIRANA, March 27 /ATA/ – The government’s financial support policies under specific programs aimed at supporting the country’s agriculture, food industry or social sectors are being largely reflected in an increasingly growing working force engaged in the labour market.

Deputy Minister of Agriculture Dhimitër Kote told Albanian Telegraphic Agency (ATA) that a total funding of $20 million committed under the financial supporting programs for the agriculture has generated interest of farmers and agri-business community for new enterprises that directly contribute to growth of employment rate in these businesses.

Highlighting a concrete example, Kote explained that a local farmer from the southern region of Foer has applied for subsidies for cultivating five hectares of land dedicated to greenhouse horticulture and in the business plan he has put forward, in addition to the expected positive indicators for the production volume and sales market, he expects to hire 10 new employees in this business.

Recent data published from the National Institute of Statistics (INSTAT) show that small and medium enterprises account for around 81% of the employees.

Trade sector accounts for 23 of the employees, followed by the sector of other services and processing industries, respectively accounted for 16.1 % and 15.1 % of the employees.

e.xh/ /a.g/u.sh/

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