Murati says they are managing public money well: Now we have the lowest level of state debt in Europe

Finance Minister Iron Murati has said he has managed to change the state debt trend by bringing it back to pre-pandemia levels

He has written that this was done thanks to fiscal discipline and public money management.

This, according to Murati, affected the cost of interest and allows for more favourable financing conditions for new borrowing.

“due to fiscal discipline and public money management, we have managed to change the state debt trend by bringing it back to pre-pandem levels. Such consolidation has been highly praised by international institutions. This consolidation first keeps the cost of interest under control, because the less debt of interest costs, and second, affords us more favourable funding conditions for new borrowing than others, because we have witnessed sustainability and favourability of public money”, Murati wrote.