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TIRANA, June 5 (Xinhua) -- The Albanian economy is forecasted to grow by 3.5 percent in 2017 and 2018, World Bank confirmed Monday.
The bank increased the forecast for Albania's gross domestic product (GDP) growth in 2019 by 0.1 percentage point, to 3.8 percent 12th Fan Womens Jersey , compared to the projection made in January, the World Bank said in its June 2017 Global Economic Prospects report.
In 2016, Albania's economy expanded by an estimated 3.2 percent, World Bank further said in its report.
WB also noted that private investments in two large energy projects will continue to support growth, aided by private consumption as the labor market improves Shaquem Griffin Womens Jersey , and net exports supported by demand from the European Union.
With two large energy projects the bank means the Trans-Adriatic gas pipeline (TAP) and the Devoll hydro power plant currently being implemented in the country.
The Bank also revised upwards its growth projections for Albania's neighboring countries such as Macedonia by 0.4 percent and Serbia by 0.3 percent, while it has revised downward Montenegros growth by 0.7 percentage point.
A few days ago, even the European Bank for Reconstruction and Development (EBRD) said in a report that it has confirmed its forecast for Albania's 2017 economic growth at 3.5 percent.
Chinese submersible Jiaolong completes 2nd dive in Yap Trench
China's FTC-2000 aircraft export-version rolls off production line
Activities held across China on World Environment Day
People attend maritime security and pollution prevention drill in Shanghai
Scenery of Dongchuan Red Land in SW China's Yunnan
Macaques attract tourists at scenic spot in SW China's Chongqing
Monk runs on 135-meter-long thin plywood in water in SE China's Fujian
Chinese submersible Jiaolong dives in Yap Trench
by Nguon Sovan
PHNOM PENH, Jan. 9 (Xinhua) -- The forthcoming visit of Chinese Premier Li Keqiang to Cambodia will further enhance China-Cambodia ties and deepen cooperation among the six Lancang-Mekong River Cooperation (LMC) countries, said a Cambodian scholar.
Li will attend the second LMC leaders' meeting in Cambodia's Phnom Penh and pay an official visit to Cambodia from Jan. 10 to 11. His upcoming visit coincides with the 60th anniversary of the establishment of diplomatic relations between China and Cambodia.
"Premier Li's visit signifies another milestone in nurturing and deepening special strategic partnership between China and Cambodia Russell Wilson Womens Jersey ," Chheang Vannarith, vice-chairman of the Cambodian Institute for Strategic Studies, told Xinhua. "More concrete steps will be taken to further realize the common vision of the two countries."
Li and Cambodian Prime Minister Samdech Techo Hun Sen will co-chair the second LMC leaders' meeting in Phnom Penh, which will also bring together Lao Prime Minister Thongloun Sisoulith, Thai Prime. Cheap Jerseys From China Cheap NBA T-Shirts Cheap Authentic NFL Jerseys Cheap Nike NFL Jerseys Cheap Authentic NFL Jerseys Cheap NFL Jerseys Online Wholesale Jerseys China Wholesale Jerseys From China Wholesale NFL Jerseys Wholesale NFL Jerseys |
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