Economy

Albanian economy is considered as Trade Economy in transition. The private sector occupies the major part of GDP. To be mentioned in the Strategy of the Albanian Economic Development for the years 2000-2003, are its overall structural reform according to the standards of the countries with a strong trade economy, the privatization of strategic sectors, and the stabilization of macro-economic indexes with the final goal to increasing of the investments through implementation of the Public Investments' Program and attraction of Direct Foreign Investments. The close co-operation with international organizations such as: World Bank, International Monetary Fund and European Union, EBRD etc. are assurances for a steady economic development and termination of the transition stage. Whereas the implementation of the Stability Pact constitutes one of the main engagements of the Government for the social-economic development of the country with the final view to getting integrated in the Euro-Atlantic structure.

 

Natural Properties

Underground properties (Petrol, natural gas, chrome, coal, copper, iron-nickel, ores, marble stone); Considerable Hydro Resources; Considerable Areas of Woods and Pasturage (about 38% of the territory of the country). There are non-exploited resources in the fields of Tourism – Blue, Green and White Tourism.

(Source: MFA of Albania)