IMF: Albania’s economic growth in 2018 will be 3,7%

Not 4,1%, as it was projected before, but only 3,7%. This will be Albania’s economic growth in 2018.

This is the new warning coming from the International Monetary Fund in its last report “Global Economic Picture-October 2017” regarding the economic performance of Albania, marking a decline on the projection that was made before about economic growth.

This projection comes at the end of the latest mission of IMF experts in Albania in the recent days.

Let us recall that in its final statement, the IMF mission in Albania underlined that the slowdown of the economy will come as a result of the finalization of the big energy projects.

Meanwhile, the IMF has also warned the government about the so called “1 Billion Euro” concessions, considering it as a threat for the Albanian economy, whose debt may increase by 7%.