TIRANA, July 3/ATA/-The Governor of the Bank of Albania Gent Sejko stated today that, “prolongation of the political disagreements in the country will be reflected in the business climate and it can deal a blow to the economic activity”.
Speaking at a press conference at the Central Bank headquarters, Sejko confirmed that the Bank of Albania expects that the extension of the economic activity will enable the full exploitation of the producing capacities and it is expected to generate an increase of employment and faster increase of salaries and production costs.
According to forecasts, inflation can be turned into an objective during the first half of 2021.
Sejko emphasized that the side risks to the economy remain predominating. They are connected with the foreign factors, the fluctuations of the exchange rate and its impact on inflation and the ability that the credit offer will have to answer the expected improvement of the demand and finally with the political situation in the country.
The prolongation of the political disagreements in the country will be reflected in the business climate and can deal a blow to the economic activity, said he. /e.xh/j.p/p.s./
