The IPPM’s Honorary President, Prof. Dr. Arben Malaj, on the opening of Albania’s negotiations with the EU

The Honorary President of the Institute for Public Policies and Good Governance, Prof. Dr. Arben Malaj, invited to Enio Civic’s “Argument” program at ScanTV, has voiced on the opportunities of Albania’s opening negotiations from the European Union, Foreign Direct Investments, business environment assessment and exchange rate fluctuations.

Prof. Dr. Malaj expressed in relation with the European Union decision of 28 June 2018 on the opening of Albania’s negotiations, where in his opinion the possibility of non opening these negotiations is very low. He also expressed that opening negotiations with conditions would spur political aggression, delays and barriers to meeting conditions and hence opening negotiations, thus creating political and economic costs for Albania.

As for Foreign Direct Investments, Malaj said their growth is indispensable and, like domestic investment, they should be promoted and facilitated in every sector of the economy. Their growth should come from improving the business environment rather than simply exempting or easing the packages from taxes and other budget obligations.

To this end, sustainable improvement is required, ranging from legislation and fiscal management, eliminating barriers, reducing time and abusive costs, eliminating delays in payment and reimbursing mutual obligations between business and government.

Regarding the exchange rate, Prof. Dr. Malaj expressed that the strengthening of the national currency should come from productivity growth, competitiveness of the Albanian economy, increased revenues from exports of goods and services and Foreign Direct Investment.

For more information (in Albanian language), please click on the link below:

https://www.youtube.com/watch?v=lhj5cZVM-EE

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