{"id":9888,"date":"2021-04-07T10:16:18","date_gmt":"2021-04-07T10:16:18","guid":{"rendered":"http:\/\/euronews.al\/en\/?p=9888"},"modified":"2021-04-07T10:19:38","modified_gmt":"2021-04-07T10:19:38","slug":"imf-forecasts-a-5-economic-growth-in-albania-for-the-year","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/","title":{"rendered":"IMF forecasts a 5% economic growth in Albania for 2021"},"content":{"rendered":"<p>The International Monetary Fund predicts a strong economic rebound for this year after the long recession experienced in the one we left behind. The global vaccination rollout is set to rev up the economic engine, while the IMF forecasts an economic growth by 5% in Albania.<\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">The International Monetary Fund also expressed optimism on global growth forecasts for this year but insists that there are still \u201chigh insecurities\u201d ahead. <\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">In regards to Albania, the prospects for recovery appear somewhat faded in comparison to the last IMF report, but it is sealed with positive progress following the end of a crippling 2020. <\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">In the World Economic Outlook 2021, the economic decline for 2020 was -3.5%, an estimate that seems to align with the official evaluation made by INSTAT, the country\u2019s statistical institute, while growth in 2021 is predicted at 5%, unlike it was claimed in October at 6.1%. <\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">The report\u2019s keyword for development and the reopening of the economy remains vaccine rollout, a process that is extending throughout the glove.<\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">So far, Albania has injected 200.000 doses. <\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">Compared to the region, Albania has experienced the lowest decline after Serbia (-1%), while the worst-hit country from the pandemic is Montenegro -15.2%.<\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">The economy in North Macedonia shrank by -4.5% and in Kosovo by -6%. <\/span><\/p>\n<p class=\"Euronews\"><span lang=\"EN-GB\">On a global scale, the IMF expects a rebound by 6% after the -3.3% recession from last year due to the drastic measures taken by countries to curb the spread of the virus.<\/span><\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><span style=\"color: #000000;\"><strong><a style=\"color: #000000;\" href=\"https:\/\/euronews.al\/en\/albania\/2021\/04\/06\/unskilled-workers-from-abroad-and-their-impact-on-the-albanian-economy\/\">Unskilled workers from abroad and their impact on the Albanian economy<\/a><\/strong><\/span><\/li>\n<li class=\"title-post\"><span style=\"color: #000000;\"><strong><a style=\"color: #000000;\" href=\"https:\/\/euronews.al\/en\/albania\/2021\/04\/01\/28-000-people-dipped-into-poverty-world-bank-economy-to-rebound-by-4-4-restrictions-on-tourism\/\">28.000 people plunged into poverty, World Bank: Economy to rebound by 4.4%, restrictions on tourism<\/a><\/strong><\/span><\/li>\n<li class=\"title-post\"><span style=\"color: #000000;\"><strong><a style=\"color: #000000;\" href=\"https:\/\/euronews.al\/en\/albania\/2020\/10\/20\/imf-predicts-deeper-recession-for-albania-and-montenegro\/\">IMF predicts deeper recession for Albania and Montenegro<\/a><\/strong><\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund predicts a strong economic rebound for this year after the long recession experienced in the one we left behind. The global vaccination rollout is set to rev up the economic engine, while the IMF forecasts an economic growth by 5% in Albania. The International Monetary Fund also expressed optimism on global [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":9889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[150,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF forecasts a 5% economic growth in Albania for 2021 - 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\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF forecasts a 5% economic growth in Albania for 2021 - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund predicts a strong economic rebound for this year after the long recession experienced in the one we left behind. The global vaccination rollout is set to rev up the economic engine, while the IMF forecasts an economic growth by 5% in Albania. The International Monetary Fund also expressed optimism on global [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\" \/>\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=\"2021-04-07T10:16:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-07T10:19:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/fondiii.png\" \/>\n\t<meta property=\"og:image:width\" content=\"760\" \/>\n\t<meta property=\"og:image:height\" content=\"428\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\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=\"Euronews Albania\" \/>\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\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"IMF forecasts a 5% economic growth in Albania for 2021\",\"datePublished\":\"2021-04-07T10:16:18+00:00\",\"dateModified\":\"2021-04-07T10:19:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\"},\"wordCount\":282,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/fondiii.png\",\"keywords\":[\"Kryesor 1\",\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\",\"url\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\",\"name\":\"IMF forecasts a 5% economic growth in Albania for 2021 - Euronews Albania\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/fondiii.png\",\"datePublished\":\"2021-04-07T10:16:18+00:00\",\"dateModified\":\"2021-04-07T10:19:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/euronews.al\/en\/imf-forecasts-a-5-economic-growth-in-albania-for-the-year\/#primaryimage\",\"url\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/fondiii.png\",\"contentUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/fondiii.png\",\"width\":760,\"height\":428,\"caption\":\"International Monetary Fund (IMF). 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