TIRANA, October 27 – The Minister of Finance and Economy, Ervin Mete, has said that “we approved the 2024 Budget Project at the meeting of the Council of Ministers, which sets a new level regarding the planning of public expenditures, which exceed 7 billion euros.”
In a press conference after the government meeting on Friday, Mete said that “the draft budget supports further economic development, the promotion of employment and social protection, aiming at the same time for the proper balance of macroeconomic and fiscal balances.”
“As the IMF also assessed today, the Albanian economy appears as one of the most resistant economies in the region, already entering a new phase. The current favorable conjuncture creates opportunities to push forward a series of reforms to ensure sustainable and inclusive growth,” said Mete.
According to government projections, it is forecast an economic growth of 3.8% for the next year, a positive primary balance, further fiscal consolidation, increased employment and reduced inflation, he said. /argumentum.al