The Minister of Finances, Arben Ahmetaj, said that the international audit decision in favor of Bankers Petroleum will not affect the budget. “The budget deficit will not be affected. The primary balance will not change. This government, with its operations, will not create any new debt. On the contrary, this year, after many others, we […]
The Minister of Finances, Arben Ahmetaj, said that the international audit decision in favor of Bankers Petroleum will not affect the budget.
“The budget deficit will not be affected. The primary balance will not change. This government, with its operations, will not create any new debt. On the contrary, this year, after many others, we will reduce the public debt”, Ahmetaj said.
The Minister of Finances said that the government has a clear plan for softening the effect of the 57 million USD bill, without touching public finances.
“We will start negotiations with the company to return the money for one or two years later”, Ahmetaj added.
Beside negotiations, the Minister said the budget will also benefit from the positive economic growth.
“We have very positive data, starting from crediting for corporations. There is a sensible growth that has been reflected with consumption, which has increased for the past three trimesters”, Ahemtaj said.
For the rest of the year, the economic growth, according to Ahmetaj, will be assisted by foreign investments too.
“Bankers had invested very small amounts in the past two years. In the fourth trimester of this year, they will invest 40 million USD. The same goes with Shell, TAP and other private or local investments”, the Minister said.
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