TIRANA, December 15/ATA/ Minister of Finance and Economy Anila Denaj stated today that the government has been careful to make an effective management of public debt.
During the weekly conference “Economy on focus”, Denaj said that the debt expansion for 2020 is a fact for all economies hit by the pandemic and what is more for Albania which was also hit by the earthquake.
She brought to attention two indicators which speak of an effective debt management.
“First, in relation to the average cost of debt, it has a downward trend”, said the minister.
The second indicator, she said, relates to the debt-to-capital ratio.
“What matters is the way governments uses debt,” she said. On average, for every 100 lekë that the debt stock has been increased in the period 2006-2013, 117 lekë have been invested. For the period 2014-2020, 169 ALL and for the following year this ratio is projected at the level of 245 ALL. This means that this ratio during 8 years has significantly improved by 45% “, stated Denaj. /j.p/p.s./
