Shqipëria Posted on 2026-07-28 12:18:00

Malaj: The economy grew by 3.7% in the first quarter, we aim for 4% growth by the end of the year

From SCAN TV

Malaj: The economy grew by 3.7% in the first quarter, we aim for 4% growth by

The Albanian economy continues to follow a stable growth and consolidation trajectory during the first half of 2026, while fiscal and macroeconomic indicators confirm its positive performance.

This was stated on Monday by the Minister of Finance, Petrit Malaj, at the joint press conference with the Director General of Customs, Besmir Beja, and the Director General of Taxes, Ilir Binaj, where the results of fiscal administration for the first half of the year were presented.

Malaj stated that during this period, there has been an increase in both revenues and budget expenditures, compared to the same period a year ago, while the economy has continued to be supported by increased employment and enterprise activity.

"The Albanian economy in the first quarter of 2026 grew by 3.7%, a rate higher than the average of the Western Balkan countries and the European Union," the minister said.

According to Malaj, expectations for the rest of the year remain positive.

"By the end of 2026, we predict that economic growth will reach 4%, with the main contribution coming from the services sector, as well as private and public investments," he stated.

The Minister emphasized that the government aims for Gross Domestic Product to reach around 29 billion euros by the end of 2026, while the mandate objective is for the Albanian economy to reach a GDP of 35 billion euros.

According to him, these indicators reflect the sustainability of the Albanian economy and create a basis for the continuation of policies that support economic growth, investments and the improvement of citizens' well-being.

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