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OSFA: General elections, the key threat to 2017 budget

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9 years ago
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TIRANA, Dec. 20 – The upcoming June 18 general elections have been rated as the key threat to Albania’s public finances for 2017, according to an Open Society Foundation for Albania (OSFA) report analyzing the 2017 draft budget approved last week. OSFA experts say the upcoming general elections could negatively affect both investor and household confidence and as a result lead to lower consumption and private investment, two of the key drivers of the Albanian economy. “2017 is accompanied by some challenges related to both risks because of the general elections and possible geopolitical and economic risks Albania is exposed…

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