TIRANA, June 11/ATA/-Minister of Finance and Economy Anila Denaj said today that the programming for the Eurobond 650 million Euros started in the last 3 months of last year to reach the final on Tuesday, which is a success for all of who know how to read the reaction of the international markets.
During a television interview, Denaj highlighted two important details in Eurobond issuance: the increased interest of foreign investors and the low interest rate, facts that she said are certain success.
Denaj stressed that 250m Euros will go to pay off part of the debt taken in 2015 and the rest will go to finance priority projects.
“Important projects envisaged by line ministries before COVID-19, the Reconstruction Program already launched and the Recovery Program that we present within this month will materialize with the support of this funding,” said Denaj.
According to her, Eurobond together with the IMF loan and the EC will enable the government within that this year to maximally recover the reduction of COVID-19 revenues.
“With the review of revenues, we anticipate that the debt will reach 75% of GDP, while there is optimism that with the injections of projects and strategic programs of Reconstruction and Recovery, the Albanian economy will recover the blows of COVID-19,” said Denaj.
Denaj stressed that all tax policies aim to promote employment and tax evasion is direct support for the small family economy that comes to the rescue directly, especially now in the context of the COVID-19 situation, as it enables self-employment and family employment. /aa/ /p.s./
