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Bank of Albania Governor, IMF mission discuss economic and financial developments

Bank of Albania Governor, IMF mission discuss economic and financial developments

The Governor of the Bank of Albania, Gent Sejko, met with the IMF Mission, led by Anke Weber, to discuss Albania’s economic progress and financial stability. This meeting was part...
November 14, 2024 -
Economy
Minister of Health presents ‘historic’ 2025 budget amidst opposition criticism 

Minister of Health presents ‘historic’ 2025 budget amidst opposition criticism 

Minister of Health and Social Protection, Albana Koçiu, unveiled the 2025 budget proposal for her ministry in front of the Parliamentary Committee on Economy and Finance. The budget, set at...
November 12, 2024 -
Albania
KESH and Masdar sign agreement to boost renewable energy in Albania

KESH and Masdar sign agreement to boost renewable energy in Albania

The Albanian Power Corporation (KESH) and Masdar, a global leader in renewable energy, also known as the Abu Dhabi Future Energy Company, have signed an agreement to establish a joint venture company...
November 12, 2024 -
Economy
Albanian Development Fund to launch major urban regeneration project

Albanian Development Fund to launch major urban regeneration project

The Albanian Development Fund (ADF) is set to initiate a national investment project aimed at urban regeneration in Albania’s four main regions. The project will target densely populated villages and peripheral or...
November 12, 2024 -
Economy
Albania’s 2025 budget faces opposition protests

Albania’s 2025 budget faces opposition protests

Albania’s 2025 draft budget, the largest ever at 8.2 billion euro, is set for a marathon two-day parliamentary session on November 18-19. The opposition Democratic Party, which recently returned to Parliament after...
November 11, 2024 -
Albania
Albania allocates 20% increase to budget for foreign affairs in 2025

Albania allocates 20% increase to budget for foreign affairs in 2025

The Ministry for Europe and Foreign Affairs has announced a historic budget of 3.8 billion lekë for 2025, representing a nearly 20% increase from 2024. The Minister presented the budget and outlined the strategic...
November 11, 2024 -
Albania

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