How will public debt be managed until 2029? Strategy/ Decreased foreign exchange, more transparency in the domestic market
The Albanian government has drafted a strategy for how public debt will be managed until 2029.
Referring to the document which is under public consultation, the main objectives of the strategy are to reduce the weight of foreign currency debt; Further increase the maturity of domestic debt; Improve indicators on the weight of debt maturing within one year and the weight of debt whose interest rate is reset within one year.
It also aims to develop the internal market through three main interventions.
Increasing the transparency and predictability of the issuance plan in the domestic market through the drafting and publication of an annual borrowing plan before the beginning of the year;
Improving activity in the secondary market of government securities through more efficient management of the Market Maker program (Reporting / Monitoring / Performance Evaluation, etc.);
Gradual adaptation of a liability management plan through purchase transactions (Buy-back) initially of Benchmark securities and subsequent expansion with other securities and transactions (Switches).
In drafting the Strategy, cost-risk ratios, the degree of debt exposure to risks, and the degree of development of the government securities market were taken into consideration.
This strategy covers the management of Central Government Debt, which includes State Debt and State Loan Guarantees. Its aim is to orient borrowing towards instruments with favorable costs and acceptable levels of risk exposure for certain levels of financing. The levels of financing are determined in the Macro-fiscal framework and in the Medium-Term Budget Plan divided into Annual Borrowing Plans.
In addition to the basic strategy, which refers to the most likely financing scenario, the Debt Management Strategy has also conceived three alternative financing strategies, assessing for each case the possible impacts on costs, risks and the rate of development of the government securities market.
EU integration, increased costs for business/ Jaka, to entrepreneurship: Take measures! Zusi: The bill should be divided into three parts
Albanian businesses and customs will need to be ready by 2030 for membership in the European Union. At the joint forum, the Director General of Customs,......
Environment, can negotiations be closed in 2027? Nika: Difficult chapter, it takes a long time to reach EU standards
"Chapter 27 is one of the most challenging, the most costly and one of the chapters that will take time, energy and expertise to close ." Environmental......
The fall of the euro "disturbs" the trade balance / In eight months, exports represent slightly less than half the value of imports
The latest data published by Instat and analyzed by Scan Intel show a significant development in the country's trade balance during the period January-August......
Government objectives for youth employment/ Muça: Incentives are needed for the private sector to increase wages
The Albanian government aims to create a more dynamic and inclusive labor market in the next four years, by drafting employment policies, salary increases,......
Albania, center of the military industry in the region/ What will be the investments in defense over the next 4 years?
Within the next 4 years, Albania is expected to become a regional center of the defense industry. This is the objective of the new government, for the......
603.9 MW wind power plant in Tropoja/ Application to the Ministry of Economy, does not benefit from support measures
The company "ERALB INVEST", which aims to build a large wind farm in the country, has officially submitted its application to the Ministry of Infrastructure......
Albania, with slight growth in new businesses - Second Quarter/ Registrations expanded by 1.4%
Eurostat has published some data regarding the general situation of new business registrations, for the second quarter of 2025. According to these......
EU integration is being accelerated by artificial intelligence/ Over 100 thousand pages of the acquis with automatic translation and correlation tables
To join, Albania must first approximate its legislation to that of the European Union. Harmonizing legislation requires years of time and sufficient human......
