Economic growth slows down in Albania

Economic growth slows down in Albania

In addition to the negative consequences of the budget, the energy crisis has damaged economic growth. The Institute of Statistics reported that after two quarterly growth of 4 percent, national production rose slower in the third quarter. “Bruto Interior Product in the third quarter of 2017 is estimated at an increase of 3,55 %, versus the quarter of [...]

In addition to the negative consequences of the budget, the energy crisis has damaged economic growth. The Institute of Statistics reported that after two quarterly growth of 4 percent, national production rose slower in the third quarter.

“Bruto Interior Product in the third quarter of 2017 is estimated at an increase of 3,55 %, against the third quarter of 2016”, says Deline Ibrahimaj, director of INSTAT.

In addition to energy, other sectors have marked increases, particularly tourism, construction and the health sector.

“Hotels and Restorents and Transport by +0.90 percentage points, public administration, Education and Health by +0,89 percentage points, +0 construction,68 percentage points”, says INSTAT director, Top Channel.

From the arm of demand, the economy has been helped by increased consumption, while growth in investments has slowed from the two-sided levels in the first and second quarter.

The final concentration of the population, which constitutes the main weight of spending in the economy, increased by 3.25 %”, Ibrahimaj says.

In all, as nine months of national production has expanded by 3.87 per cent compared to years, a pace in line with the government's target and the IMF for a 3.9 per cent increase.

Related
Tragic accident in Saranda, losing a 22-year-old after the boat crash with the Border Police tool

Tragic accident in Saranda, losing a 22-year-old after the boat crash with the Border Police tool

Albion Cantman on radar in Venice, 6 million not accepted

Albion Cantman on radar in Venice, 6 million not accepted

Arrested in Prizren 10 months in prison for narcotics, sentenced to death

Arrested in Prizren 10 months in prison for narcotics, sentenced to death

The Hungarian Parliament approves the decision, Magyar gives the news: Prime Minister Can't Government More than 8 Years

The Hungarian Parliament approves the decision, Magyar gives the news: Prime Minister Can't Government More than 8 Years

“If you want Kosovo...” - Commentator addresses Ramush Haradinaj with a scandalous message

“If you want Kosovo...” - Commentator addresses Ramush Haradinaj with a scandalous message

Rama reacts after the video from Basel: It was a private invitation because I drank water with state money.

Rama reacts after the video from Basel: It was a private invitation because I drank water with state money.

“

Kurt for election of president: We will try as much co-operation with the opposition as possible

Kurt for election of president: We will try as much co-operation with the opposition as possible

LVV protests against American gas? Kurt answers Haradinaj

LVV protests against American gas? Kurt answers Haradinaj

KFOR transfers containers to Brnica, improves conditions for young footballers

KFOR transfers containers to Brnica, improves conditions for young footballers

US warns changes in their contribution to NATO mission in Kosovo

US warns changes in their contribution to NATO mission in Kosovo

Hormuz-What do we know so far about the pact between US and Iran

Hormuz-What do we know so far about the pact between US and Iran

Father reports the missing boy in Drenas

Father reports the missing boy in Drenas