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Ibrahimaj: Albanians’ disposable income rises over 80% in the past five years

Minister of Economy and Innovation, Delina Ibrahimaj, said that Albanian citizens’ disposable income grew by over 80% in the past five years. This increase shows the real benefits of economic growth for families.

Speaking at an extended meeting of the Socialist Parliamentary Group, Ibrahimaj emphasized that income growth is not only due to a stronger lek or a weaker euro. According to analyses, the euro fell by 20%, while incomes rose by 80%. Therefore, citizens’ purchasing power has grown significantly.

Moreover, she noted that inflation has remained stable in recent years, staying within the Bank of Albania’s norms, even during the global crisis. Data show that wages rose by about 30%, pensions by 32%, and income from remittances and taxes by over 26%. Overall, family income indicators continue to rise.

Ibrahimaj stressed that changing the structure of Albania’s economy remains a priority. Specifically, the focus is on investments, exports, and productivity. For example, tourism and related services can boost domestic production and strengthen economic stability.

Additionally, she highlighted the importance of a balanced economic structure. This structure should use services and tourism to maximize domestic production and take full advantage of the 450-million-strong European market.

The strategy aims to allow every Albanian business to compete fairly with European companies. Consequently, it ensures stability and real opportunities for growth.

“Our task is to guarantee that this economic growth cycle remains sustainable, supports businesses, and improves citizens’ lives,” said Ibrahimaj. In particular, investments, business activity, and family income show that Albania’s economy is on the right track.

Finally, she concluded that this sustainable growth proves Albania is moving toward economic stability and European integration. As a result, new opportunities for employment, investment, and growth are opening for all citizens and businesses.

Të ngjashme

RTI