TIRANA, June 12 /ATA/ – The World Bank welcomes the upward growth trend of the Albanian economy voicing commitment to assist the country in several social and economic aspects.
The WB Country Manager for Albania, Emanuel Salinas, said in his remarks at a business event in Tirana on Wednesday that Albanian economy should focus on exports and the use of natural resources as potential sectors for further development of the country.
Attending a business meeting, the WB official noted that construction sector and consumption account for the largest share of the country’s GDP.
“For Albania to move from middle-income to a higher-income economy per capita a transformation should take place. The country should move from the low wages and low productivity to higher productivity and exports with focus being attached to exploitation of the natural resources to boost investment and productivity,” he said.
Salinas underlined that WB and the Albanian government are working to enhance education quality in the country’s vocational schools and universities.
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