
The Albanian government debt to businesses for unpaid public works until August 31 is estimated at 24.6 billion leks(246 million U.S. dollars), Finance Minister Shkelqim Cani said at a news conference on Wednesday. "My aim, not the government's pledge, is to clear the debt in a single tranche, not in several tranches, aiming at stimulating the economy," Cani said. "We are negotiating to take a loan to settle the debt to businesses, in order not use the budget money. Another possibility is to pay a part of the debt from the budget and later replace it with the loan we are negotiating," he said. "The largest portion of this debt, around 65 percent of 24.6 billion leks, has gone to infrastructure," Cani explained.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor