DOS report sees corruption in the judiciary and procurement procedures as problematic

COMMENTS

SHARE THIS
ARTICLE

Text sizeAa Aa

The United States Department of State (DOS), in its latest report on the investment climate in Albania, sees corruption as an imminent threat to the country’s economic development as well as rule of law.

Maintaining a critical stance, the report notes that corruption in the judiciary and public procurement procedures is common in Albania.

According to DOS, even concessions, usually in the form of Public-Private-Partnerships, are problematic because adequate analysis on its costs and gains are not done, which reduces fair chances when it comes to competitions, including here for foreign investors.

Despite a healthy legal framework and advances with the reforms, foreign investors see Albania as a difficult country to do business in.

YOU MIGHT ALSO LIKE

Tags

Kurti-Vucic mediation unnecessary, Spiropali: Reciprocity is not negotiable

The Minister of State for Relations with the Parliament, Elisa Spiropali said on 'Now' that its support for Kosovo, not only for the official...

Andi Bushati: Rama knew that every wrong move would backfire

Analyst Andi Bushati referred to the visit of Prime Minister Edi Rama today in Kosovo as the most normal to have ever taken place. According...

KFOR to step up patrol in northern Kosovo

Dozens of KFOR soldiers and two vehicles have been deployed at the border in Jarinje. Their mission is to monitor the situation and it has...







SUBSCRIBE TO OUR NEWSLETTER