Albania is rich in natural resources including petroleum, natural gas, coal, bauxite, chromium, copper, iron ore, nickel, limestone, salt, timber, and hydro-electric power. The country's macroeconomic performance has been impressive since 1998. During the last 8 years the economy has enjoyed virtually uninterrupted rapid growth in a low inflation environment.
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Economic growth over this period took place in a climate of growing macroeconomic equilibrium, evidenced by stable monetary indicators, low and stable inflation rates and the reduction of the budget deficit and public debt. Manufacturers choosing to invest in Albania benefit from 'the Albanian advantage', the opportunity to access the long-term gains that come from investing in a politically stable, fast-growing low cost European economy that is the newly-established gateway into southern Europe. |