Post by account_disabled on Mar 3, 2024 4:32:45 GMT
Our government has a very bad habit. Outright lies. Asked several times why Albania has given less money for the pandemic than other countries, the prime minister says that this is not true, that the IMF tables are old and do not include the second package, etc. Actually all these are untrue. This is the graph of the GDP support packages that the governments of the region have provided during the pandemic, reported by the IMF. It is not old as the Prime Minister claims, but it is updated with measures until the end of October. As is known, after October there were no more packages in any country and not in Albania. The graph compares the direct support in the form of payments to business and citizens or tax reductions for them, which the governments of the region have made.
Otherwise, these are known as "above Cambodia WhatsApp Number Data the line measures" because they are measures above the deficit line in the budget and are directly reflected in the deficit indicator. Read also: Tragic in Serbia - The couple kills the two children, then jump from the 17th floor of the building Sunday horoscope, find out the star forecast for your sign The Government of Albania has given only 1.21 percent of the GDP or about 170 million dollars. North Macedonia gave 2.02 percent, while the other five countries of the region gave more than 5 percent of GDP to citizens and business. Often the government hides behind two sovereign guarantees, which it issued to businesses to obtain bank loans, one for salaries, the other for investments.
In fact, the two sovereign guarantees are a total of 1.7 percent of GDP. Even if they are added, Albania is still the last country in the region for the support given by the government. But other countries have also given guarantees. North Macedonia 1.4 percent of GDP, Serbia 1.5 percent etc. etc. None of them are included in the chart. However, the guarantees are not genuine fiscal measures. They are below the line measures, and are unlikely to affect the fiscal multiplier. But regardless of this, even if guarantees are included, Albania is still the last country in the region. Now, the government does well not to lie openly. It is much better to say that we are giving less because we had to give money for the reconstruction as well.
Otherwise, these are known as "above Cambodia WhatsApp Number Data the line measures" because they are measures above the deficit line in the budget and are directly reflected in the deficit indicator. Read also: Tragic in Serbia - The couple kills the two children, then jump from the 17th floor of the building Sunday horoscope, find out the star forecast for your sign The Government of Albania has given only 1.21 percent of the GDP or about 170 million dollars. North Macedonia gave 2.02 percent, while the other five countries of the region gave more than 5 percent of GDP to citizens and business. Often the government hides behind two sovereign guarantees, which it issued to businesses to obtain bank loans, one for salaries, the other for investments.
In fact, the two sovereign guarantees are a total of 1.7 percent of GDP. Even if they are added, Albania is still the last country in the region for the support given by the government. But other countries have also given guarantees. North Macedonia 1.4 percent of GDP, Serbia 1.5 percent etc. etc. None of them are included in the chart. However, the guarantees are not genuine fiscal measures. They are below the line measures, and are unlikely to affect the fiscal multiplier. But regardless of this, even if guarantees are included, Albania is still the last country in the region. Now, the government does well not to lie openly. It is much better to say that we are giving less because we had to give money for the reconstruction as well.