Albania revises growth, debt targets in optimistic scenario turned down by IMF, World Bank

TIRANA, Jan. 19 – The Albanian government has reviewed its mid-term macroeconomic scenario slightly revising upward the country’s GDP growth for the 2018-2021 period, but delaying the public debt target of 60 percent of the GDP for 2021 in considerably more optimistic forecasts compared to what international financial institutions predict for the Balkan country. In its 2019-2021 macroeconomic and fiscal framework that the Albanian government approved this week, the ruling Socialist Party expects the country’s GDP growth to recover from an expected 3.9 percent in 2017 to 4.2 in 2018 and gradually accelerate by 0.1 percentage points to 4.5 percent…