Bank of Albania supports IMF idea for concessions
03/10/2017 00:00
The Washington Agreement Must Be Reactivated! 06/01 19:04
After the International Monetary Fund, the Bank of Albania as well asked
for concessions to be treated based on international norms, being
registered as a debt with debt obligations.
The Bank of Albania remains to the opinion that these projects should be presented with transparence and within international standards.
“We are open to see the progress of these projects. It is a big project foreseen for the next four years. Normally, it needs to be elaborated with details in budgets of each year”, Governor Sejko declared.
Same as the IMF, the Bank of Albania is not against concessions. Governor Gent Sejko said that if chosen carefully, they could encourage the economy and revenues.
“The application of concessions, when studied well, with profitable projects and well-defined priorities, would certainly influence the country’s economic growth and accelerate the EU integration”, Sejko said.
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