{"id":21947,"date":"2021-10-06T17:51:06","date_gmt":"2021-10-06T15:51:06","guid":{"rendered":"http:\/\/euronews.al\/en\/?p=21947"},"modified":"2021-10-06T17:53:34","modified_gmt":"2021-10-06T15:53:34","slug":"local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/","title":{"rendered":"Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years"},"content":{"rendered":"<p>The Albanian economy is projected to grow by 7.2% this year but fall back down to 3.8% and 3.7% in the two years that follow.<\/p>\n<p>In their last report, the World Bank corrected its projection for June, by 2.8 percentage points.<\/p>\n<p>Construction, projects in infrastructure and foreign demand have influenced this growth, that was reflected on the annual GDP index for 2021.<\/p>\n<p>Nonetheless, the World Bank notes that our market is missing at least 35 000 jobs compared to 2019. Meanwhile, based on estimates made by the World Bank Group the economic growth in the region will be set at 5.5%.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/10\/03\/fuel-prices-might-rise-again-in-albania-says-economy-expert\/\">Fuel prices might rise again in Albania, says economy expert<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/06\/29\/local-economy-grows-by-5-5-during-the-first-trimester-of-2021\/\">Local economy grows by 5.5% during the first trimester of 2021<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/01\/19\/dp-leader-basha-economy-in-a-crisis-97-of-albanians-paying-more-taxes\/\">DP leader Basha: Economy in a crisis, 97% of Albanians paying more taxes<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Albanian economy is projected to grow by 7.2% this year but fall back down to 3.8% and 3.7% in the two years that follow. In their last report, the World Bank corrected its projection for June, by 2.8 percentage points. Construction, projects in infrastructure and foreign demand have influenced this growth, that was reflected [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":21949,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The Albanian economy is projected to grow by 7.2% this year but fall back down to 3.8% and 3.7% in the two years that follow. In their last report, the World Bank corrected its projection for June, by 2.8 percentage points. Construction, projects in infrastructure and foreign demand have influenced this growth, that was reflected [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-06T15:51:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-06T15:53:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/10\/vlcsnap-2021-10-06-16h12m51s917-1068x601-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1068\" \/>\n\t<meta property=\"og:image:height\" content=\"601\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years\",\"datePublished\":\"2021-10-06T15:51:06+00:00\",\"dateModified\":\"2021-10-06T15:53:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\"},\"wordCount\":141,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/10\/vlcsnap-2021-10-06-16h12m51s917-1068x601-1.jpg\",\"keywords\":[\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\",\"url\":\"https:\/\/euronews.al\/en\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\",\"name\":\"Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years - 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