Approval of the Economic Reforms Programme

Official Bulletin no.16, dated 3 February 2017

By decision no. 49 dated 25.01.2017, Council of Ministers decided to approve the Economic Reforms Programme (ERP) 2017-2019.

The Economic Reforms Programme of Albania 2017-2019 underlines the main macroeconomic and fiscal policies aiming to establish a clear balance between internal forces and external threats, to enable sustainable growth, a rise in employment and reduction of public debt. Moreover ERP presents structural priority reforms envisaged as priorities of the Albanian Government for the medium term to increase domestic production,stimulate new investment and ensure sustainable growth and competitiveness.

Albanian Government priorities are oriented towards fiscal consolidation and improved management of public expenditures, reducement of the infrastructure deficit, regulatory and institutional reform and improving social protection systems.

Albania will focus on ERP 2017 establishing a unified regime for investment, through drafting a new investment law.

Preparation of ERP 2017 was the result of a long, constructive and fruitful collaboration among members of the interagency working group, with representatives from various government institutions and the Bank of Albania (BSH). ERP preparation process is preceded by special presentations organized in cooperation with OECD and the European Commission.