Albanian government must prioritise vulnerable people amid price crunch -- May 12
The government must provide financial support to society’s most vulnerable while scaling back on non-priority expenditures to help the country through this difficult period, according to the Governor of the Bank of Albania, Gent Sejko.

On Wednesday (11 May), Sejko presented the bank’s annual report to the Parliamentary Committee on Economy and Finance, stating it is necessary to adopt fiscal policies to support those individuals and businesses most impacted by inflation. This support should be financed by the additional income from price increases and by decreasing non-priority expenditures.

“By doing so, the intervention will be effective but will not harm public debt indicators,” he said.

Public debt in Albania is already between 80% and 86% and is continuing to rise. ...continue reading