The Albania’s Economic Reform Program 2022-2024 is currently under drafting process. A European Commission team from DG NEAR visited Albania in mid-November with the purpose to interact with the relevant stakeholders on business environment, challenges and opportunities, policies to promote entrepreneurship and attract FDIs, concerns on informality as well as impact to competitiveness. FIAA was represented in this discussion by its Board Member Mr. Ante Frens who shared insights of the foreign Business Community and highlighted the preparation of the FIAA White Book as a very comprehensive and useful document containing both concerns and recommendations for the business environment on different themes and sectors of the economy. The White Book Document has been very welcomed by the European Delegation in Albania and highly appreciated by the Ministry of Finance and Economy.
The ERP is prepared by the Government of Albania under the central coordination of the Minister of Finance and Economy, and it presents the medium-term macroeconomic and fiscal framework, as well as the sectorial structural reforms for promoting both the competitiveness and growth of Albania. It is inspired by the European Semester process at the EU level, and is fundamentally an exercise, which aims to help enlargement countries develop their institutional and analytical capacities and prepare them for participation in the EU’s multilateral surveillance and economic policy coordination procedures, once they become Member States.