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Finance Minister: State budget allocated 101.9 billion lek for post-earthquake reconstruction process

TIRANA, March 30 /ATA/ – The Minister of Finance and Economy, Delina Ibrahimaj, said Thursday that the state budget has allocated a total of 101.9 billion lek in transfers to quake-affected families and public reconstruction projects during the period between 2019 and 2023.

Addressing a parliament’s question and answer session requested by the Democratic Party lawmaker, Jorida Tabaku, the Finance Minister noted that an amount of 73 billion lek has been already allocated since 2020 and five billion lek is planned for reconstruction process in 2023.

According to her, the state budget has also allocated 8.8 billion lek to cover the bonus rent for the quake-affected families, and 500 million lek is planned for 2023. She added that the international grants amount to 2.5 billion lek.

The Finance Minister underlined that the residential areas are being totally transformed after the powerful earthquake that hit the country on November 26, 2019.

According to her, the devastating earthquake badly affected lives and properties of the Albanian citizens.

“The effect in the country’s social and economic aspect was a very negative one. Unfortunately, many people lost their loves and many others were injured, whereas the material damages were huge. The damage assessment was estimated at a total of around one billion euros or around 40% of the total investments generated by national economy in a year,” she said.

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