“Bank of Albania” Governor warns government

25/05/2011 16:10

Governor Ardian Fullani released a strong message towards the
government, reminding them that budget incomes are showing decreases.

“The budget incomes are decreasing and this requires fast measures to be taken, in order to guard public finances”, Fullani declared.

Mr. Fullani said that keeping the government finances under control is vital for this phase of our economy, which is facing another problem due to higher imports when exports are moving slower.

The Bank of Albania did not change the interest rate of 5.25%, and the Governor declared that he expects price hike tendencies to be lower in the months to come, although inflation will remain higher than the average of recent years.

Top Channel