Albania is absorbing investments from abroad with a value greater than the forecasts made by the government in the medium-term programs. In 2023, the flow reached 1.5 billion euros and for Prime Minister Edi Rama, the country already claims to triple them.
“We gather in a context, I would say, very encouraging for our economy, in the conditions where on the one hand Albania has received a new rating from Standard & Poor’s with “BB -“. It is the first time that Albania rises to this level in the classification of countries and on the other hand when we have a recent data from the Bank of Albania, for a significant increase in foreign investments which for the first time have risen significantly above the figure stabilized in recent years from 1 billion euros to 1.5 billion euros.
Our vision of Albania 2030 goes far beyond these current data. Without question we have a potential for a further increase in foreign investments and our goal is to climb to 2, 2.5, 3, 4 billion.
There is no question that we have all the possibilities that in a short time we will have another positive rating with an improvement from Standard & Poor’s and today if we look at the data and if we look at the trends, it is not at all unbridled the imagination that at a time of reasonable to switch to “BB +”. Tourism increases, the demand for Albania increases exponentially, I would say.
Today we see that entrepreneurship in tourism no longer poses the problem of salaries. It is ready to pay and pay very well as it would not have been imagined until a few years ago, but it poses the problem of having someone to pay and with whom to cover all the roles and functions of a hospitality infrastructure.
On the other hand, it is very important for us to have clarity and to have as much input as possible from all other economic and social factors, as well as academic, in the way we should shape a new policy for vocational training , not only at the school level, but also for retraining in function of the market even at ages that are no longer school age”, said Rama.
At the National Economic Council, Rama also spoke about the offer that tourism has opened in the employment of thousands of people.
“We see that tourism grows and entrepreneurship in tourism does not pose the problem of salaries, but poses the problem of having people to pay. On the other hand, we want to have more contribution in all other economic factors, how we will present professional education in function of the market and of course also for the ages that are no longer school age”.
For the government, it is now important that the country’s economic and social development help meet the criteria for integration into the European Union.


