00:00The Agency for Financial Development, MODES, has changed the development of Albania,
00:05by increasing it to level B-3 with the Central Bank.
00:09The Agency made this development of the development of Albania,
00:12by concluding that the development of Albania reflects the growth in the credit portfolio
00:17due to the changes in the development of the economic and fiscal forces.
00:22According to MODES, the economic and social growth of Albania
00:27is the increase of employment in the sector with higher productivity,
00:31continuous growth of the labor market.
00:34The Minister of Finance, in this way, reflects this change in the development.
00:38Before the Supreme Court decision by MODES,
00:40Albania was at the level B-1 with positive opinion.
00:43This development of MODES for Albania reflects all aspects
00:46to ensure a growth that is different from the economy,
00:49the strengthening of public finances,
00:52as well as a higher efficiency in the development of structural reforms.
00:56The benefits that come from this development,
00:58for the economy and for the country, are concrete.
01:00The growth of the development will be a positive indication
01:03that it will have direct investments,
01:05while increasing the trust of its investors.
01:08However, Albania will benefit from the increase in the labor market,
01:11while ensuring a growth with a higher cost of financing,
01:14than is done in the past.
01:16The growth of the development of MODES,
01:17reflects the improvement of the Albanian economy,
01:19the increase of trust in the labor market.
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