Fullani: The Albanian economy at risk | RESO
In the first quarter, retail trade fell by 8 percent, while in the second quarter to 2 percent. These are clear signs that the Albanians are not able to pay, do not have enough income available to spend as much, even if purchases to save even basic foods. With the income they receive today bought less than a year ago. If this behavior is related to savings, I can not say for sure, since July Albanians withdrew from deposits in banks around 1 billion. So the situation is heading towards an uncertain future that none of the top executives of the state is not able to say that until when to stop. Neither the governor of the Bank of Albania, Ardian shipping container bunker Fullani, who despite negative situation and expansion of poverty, Tuesday urged more spending.
Upon completion of the meeting of the supervisory board, who decided to not change the interest rate on money, (was 4 percent), head of BSH expressed concern that the uncertainty of business to invest and consumers to spend , is put the economy into a dangerous spiral. According to the Central Bank, increased customer care is reflected in the reduction of consumption and increase saving Albanian shipping container bunker families.
"The reluctance of consumers to purchase durable goods, shipping container bunker reflects his uncertainty about the expected developments in the future. Bank of Albania believes that curbing consumption in response to uncertainty over future economic performance, can be transformed into a spiral mutual influences between macroeconomic indicators, "said Fullani.
Known for luxury expenses within BoA, for himself and his staff officer with higher annual incomes shipping container bunker in the country, 120 thousand dollars, urges Albanians not to save, but to increase spending. Even analyzes the consequences of what causes shipping container bunker the economy the fact of not spending.
"The contraction in consumption associated with a drop in domestic demand, leading to slower economic growth and declining household income in a second time," said Fullani, which otherwise would mean that, if not now spend will face a more severe situation in the future.
Ongoing analyzes and projections suggest that the macroeconomic situation BOA and self Albanian shipping container bunker economy stable basis for long-term development, but at lower rates. "This reality should translate into a more realistic attitude towards a higher level of consumption in the economy, within the limits of stable family life balance", following further governor.
Meanwhile, BoA evaluates the performance of the government to reduce the budget deficit. Budget expenditure contracted by 0.4% yoy, due to the low growth of the current expenses and capital expenditure contraction. Fiscal revenues shipping container bunker increased by 3.7% during the first eight months of the year, registering historically low growth rates. The prudent to realize the cost is materialized in the shrinking budget deficit. For the period from January to August of this year, the deficit was about 29% lower than a year ago. "We believe that the pursuit of this policy continuity is essential in the current conditions in the financial markets," concludes billiard.
Ca Karavello that is. Yes some will spend here and Albanians when goods are imported goods basket. Here 20 years of sweat and CURRENCY made Albanians shipping container bunker iron and concrete bricks. We have a new generation that does not suck at all by industry, are all juridiksa, ekonomistëra etc etc. parasites professions. Rrofshin PAPONE and bring some currency smugglers and immigrants that made Ordinary apartallate savings.
ken ouuu .... will msu from us. Duck-was no even from Beijing, is watching you Ishmi enhances the picture ..
Galilee - 27 September 2012 - 15:23 Permalink
"The reluctance of consumers to purchase durable goods, reflects his uncertainty about the expected developments in the future. Bank of Albania believes that curbing consumption in response to uncertainty over future economic shipping container bunker performance, can be transformed into a spiral mutual influences between macroeconomic indicators, "said Fullani.
?
Fullano O, O savvy teenager, I give orientation Bonk give us credit for increased consumption expenditures for durable shipping container bunker goods (some would say the stable was not immediately break down?) That sali-ut pension is enough for us just for electricity, water , bread, green salad, salt pot Vojvodina.
You have the right, should "bong". How much better would be to was from Dropulli, shipping container bunker will increase consumption Albanian tia sustainable goods because the pension will the Gentile church. If this bo Fulloni why not call you, kurbetlinjeve to send us more money? If you patriota send brothers as much. Did ndonjoni will account number t
In the first quarter, retail trade fell by 8 percent, while in the second quarter to 2 percent. These are clear signs that the Albanians are not able to pay, do not have enough income available to spend as much, even if purchases to save even basic foods. With the income they receive today bought less than a year ago. If this behavior is related to savings, I can not say for sure, since July Albanians withdrew from deposits in banks around 1 billion. So the situation is heading towards an uncertain future that none of the top executives of the state is not able to say that until when to stop. Neither the governor of the Bank of Albania, Ardian shipping container bunker Fullani, who despite negative situation and expansion of poverty, Tuesday urged more spending.
Upon completion of the meeting of the supervisory board, who decided to not change the interest rate on money, (was 4 percent), head of BSH expressed concern that the uncertainty of business to invest and consumers to spend , is put the economy into a dangerous spiral. According to the Central Bank, increased customer care is reflected in the reduction of consumption and increase saving Albanian shipping container bunker families.
"The reluctance of consumers to purchase durable goods, shipping container bunker reflects his uncertainty about the expected developments in the future. Bank of Albania believes that curbing consumption in response to uncertainty over future economic performance, can be transformed into a spiral mutual influences between macroeconomic indicators, "said Fullani.
Known for luxury expenses within BoA, for himself and his staff officer with higher annual incomes shipping container bunker in the country, 120 thousand dollars, urges Albanians not to save, but to increase spending. Even analyzes the consequences of what causes shipping container bunker the economy the fact of not spending.
"The contraction in consumption associated with a drop in domestic demand, leading to slower economic growth and declining household income in a second time," said Fullani, which otherwise would mean that, if not now spend will face a more severe situation in the future.
Ongoing analyzes and projections suggest that the macroeconomic situation BOA and self Albanian shipping container bunker economy stable basis for long-term development, but at lower rates. "This reality should translate into a more realistic attitude towards a higher level of consumption in the economy, within the limits of stable family life balance", following further governor.
Meanwhile, BoA evaluates the performance of the government to reduce the budget deficit. Budget expenditure contracted by 0.4% yoy, due to the low growth of the current expenses and capital expenditure contraction. Fiscal revenues shipping container bunker increased by 3.7% during the first eight months of the year, registering historically low growth rates. The prudent to realize the cost is materialized in the shrinking budget deficit. For the period from January to August of this year, the deficit was about 29% lower than a year ago. "We believe that the pursuit of this policy continuity is essential in the current conditions in the financial markets," concludes billiard.
Ca Karavello that is. Yes some will spend here and Albanians when goods are imported goods basket. Here 20 years of sweat and CURRENCY made Albanians shipping container bunker iron and concrete bricks. We have a new generation that does not suck at all by industry, are all juridiksa, ekonomistëra etc etc. parasites professions. Rrofshin PAPONE and bring some currency smugglers and immigrants that made Ordinary apartallate savings.
ken ouuu .... will msu from us. Duck-was no even from Beijing, is watching you Ishmi enhances the picture ..
Galilee - 27 September 2012 - 15:23 Permalink
"The reluctance of consumers to purchase durable goods, reflects his uncertainty about the expected developments in the future. Bank of Albania believes that curbing consumption in response to uncertainty over future economic shipping container bunker performance, can be transformed into a spiral mutual influences between macroeconomic indicators, "said Fullani.
?
Fullano O, O savvy teenager, I give orientation Bonk give us credit for increased consumption expenditures for durable shipping container bunker goods (some would say the stable was not immediately break down?) That sali-ut pension is enough for us just for electricity, water , bread, green salad, salt pot Vojvodina.
You have the right, should "bong". How much better would be to was from Dropulli, shipping container bunker will increase consumption Albanian tia sustainable goods because the pension will the Gentile church. If this bo Fulloni why not call you, kurbetlinjeve to send us more money? If you patriota send brothers as much. Did ndonjoni will account number t
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