From the Strategic Planning Committee’s meeting, where the 2011’s budget was discussed, Prime Minister Sali Berisha guaranteed that the public debt is within normal parameters and there is no reason for concern. By considering the Eurobond loan, which has an interest rate of 7.5 percent, as very important, Berisha mentioned an example from medicine to better explain the actual situation of the public debt. “If the debts would be classified into positive and negative debts, Albania’s debt is the most positive debt in Europe, because 35 percent of it has been taken in the country’s currency. The other part is a debt of the non-private, financial, international institutions. The reduction of the debt will be a gradual process,” said Berisha according to Alsat.
News source: Balkans.com link: article
No comments:
Post a Comment