Albanian Economy during 2002

Publication date: 29.04.2003


At the first decade of the transitional period, Albanian economy recognized a great circle-like development. The macro-economic imbalance in the years '91-'92 and '97 is followed by efforts for reforms and equilibrium re-establishment. As a result of applying these stability programs, Albanian economy has recognized a relatively great development, budget deficit reduction and price stability. The average annual inflation of 3,5% for the period 98-02 is considerably lower than that of other East and Central European countries.

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