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Deputy Finance Minister: First-half indicators show Albania’s economic stability is continuing

TIRANA, Aug 17 /ATA/ – Macroeconomic stability remains one of the main objectives of Albania’s economic policy, while indicators for the first half of the year confirm the resilience of the economy, Deputy Finance Minister Endrit Yzeiraj said on Monday.

In a video message, Yzeiraj said all economic and political objectives, whether short- or long-term, depended on a fundamental foundation: macroeconomic stability.

“Any technical or political goal, whether short-term or long-term, rests on a single, invisible but essential foundation: the country’s macroeconomic stability,” he said.

Key economic indicators for the first half of the year showed continued stability and sustained confidence in Albania from international markets, Yzeiraj said.

“Economic growth has continued steadily and in line with our objectives,” he said, adding that inflation remained low and under control.

“Inflation remains low and, compared with all countries in the region, under control, protecting purchasing power and creating predictability for the market,” Yzeiraj said.

He also highlighted the cost of public debt, which he said had declined to levels comparable with or lower than those of regional countries.

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