Thursday, November 4, 2010

Albanian government adopts 2011 budget

04/11/2010

TIRANA, Albania -- The government adopted the 2011 budget Wednesday (November 3rd), the largest in the country's history. Road infrastructure will get the most capital investments, Prime Minister Sali Berisha said, adding that new salary and pension increases will be enforced next year, ranging between 5% and 10%. The majority has the votes needed to pass the bill in parliament, but it must first undergo discussion by parliamentary panels.

In other news Wednesday, Deputy Prime Minister Ilir Meta told members of his Socialist Movement for Integration that Albania has achieved a lot in 20 years. Speaking at an annual meeting with youth of the party, Meta said the country has changed from an exodus point to a country moving closer to European integration. Albania has also met European Commission conditions for visa liberalisation within a record period, Meta said.

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