TIRANA, July 1/ATA/-Albania’s Minister of Economy and Finances Anila Denaj said on Monday that the Institute of Statistics (INSTAT) published today the report on the economic growth of the first quarter of the current year and that “happened to be within our expectations”.
Speaking at a press conference, Minister Denaj said that, “The main sectors of the economy have reflected the positive moment that our economy is experiencing. The most of the sectors have shown a satisfactory growth in line with the positive forecasts of the economic growth”.
Further on, Denaj provided some indicators. Thus, the processing sector got increased by 4.7%, construction by 5.9%, services by 4.1%, extraction industry by 17%. Some sectors like agriculture and energy reflected more the seasonal effects of drought at the beginning of the year decreasing the contribution of the first quarter into the annual increase.
“Likewise, the business and consumer confidence index improved during the first quarter. Exports, without energy, grew 7.4% in the first quarter, while FDI inflows reached 286m Euros, with 1.6% more than the record year 2018, indicating that in 2019 they will surpass 1 billion Euros. This confirms that the basics of Albania’s economy is stable “, – stressed Denaj.
Minister Denaj concluded by saying that, “Every political tension has its impact into the economy and it cannot be ignored if it is prolonged and escalated”./k.s/ /a.g/p.s./
