wiiw Forecast Reports
ALBANIA: New energy for the economy
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GDP growth is expected to increase progressively over the next three years, rising by 2% in 2015, 2.2% in 2016 and 2.4% in 2017. The economy might benefit from a resolute reform in the energy sector and growth in gross fixed capital formation stemming mainly from foreign direct investment in energy infrastructure. Nonetheless, with government and household consumption failing to thrive, the country’s economy still begrudges the growth rates achieved in 2010 and earlier years.
Countries covered: Albania