TIRANA, May 28/ATA/ Minister of Economy, Culture and Innovation Blendi Gonxhja is paying an official visit to Hungary. There he met with representatives of the Hungarian Development Bank (MFB), a credit institution solely owned by the Hungarian State.
Minister Gonxhja informed that during this meeting the delegation that he heads was closely acquainted with the main activities of the bank, part of the national strategy for economic development, guided by the Hungarian Ministry of National Economy.
This bank supports the empowerment of small and medium-sized enterprises as well as manages funds within the European Union programs.
“The contribution of the MFB to balanced economic growth and its active involvement in the realization of strategic objectives is to be appreciated, so we attach importance to cooperation with state financial institutions to learn from such experiences of promoting investment and economic development”, said Gonxhja in a post in social media.
According to him, the experiences and successful practices of the Hungarian Development Bank (MFB) are a valuable model for Albania, helping to promote entrepreneurship and innovation.
There has been an increase in the trade exchanges between the two countries. In 2023, trade exchanges between the two countries are estimated at 32,609 tons in quantity and nearly 8 billion ALL in value./r.e/p.s./
