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TIRANA, Jan. 14 – A World Bank report notes that Albania, along with Hungary and Turkey, were considered to have three exceptional economies which will continue to show growth in 2008.
In Albania, growth is likely to be based upon continued strong domestic consumer demand, along with an increase in public investment.
That investment is crucial to overcome substantial problems in infrastructure, as power shortages now form a significant bottleneck to growth.
Gross worker remittances as a substantial share of GDP in 2006 in Albania was 15 percent.
Forecast for Albania 1991-2000a 2004 2005 2006 2007 2008 2009
GDP at market prices 1.4 5.9 5.5 5.0 5.5 6.0 6.2
Current account balance/GDP (%) -5.6 -4.8 -7.8 -7.2 -8.4 -8.4 -8.0
