The government keeps taking more loans from foreign markets, taking the
internal debt to 36.5% of the GDP, from 40.3% it was by the end of 2014.
The first reason for this move, is to reduce risk of public finances, by replacing the internal short-term loan with long-term ones from abroad. The second reason is to give positive pressure on private banks, so that they can credit citizens and businesses.
The results have been positive for the first reason, not that positive for the second one, since the impact in the local market of loans was minimal.
Compared to 2014, loans in Albania have dropped with 6 billion ALL.
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