EBRD’s president praises reforms launched by current government

Reforms launched by Albania to improve the business climate in the country and tackle corruption are being praised by international financial institutions.

The President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti said in an interview that Albania has made a lot of progress under the leadership of Prime Minister Edi Rama’s government.

“If we take a look at the judiciary reform, we can see that the justice system is becoming more efficient, more independent, which is very good. Governance is better. Public administration reform is going well and there are more online services. And that’s a good thing, because they help in reducing corruption,” said EBRD president Chakrabarti.

“If we look at the work we have done with Albania,” he continues, ” by signing a memorandum of understanding with Mr. Rama a few years ago, by creating an Investment Council, we see an improved climate for investments, because the council has drafted many recommendations and all of those recommendations have been implemented.”

“I actually think that Albania is on the right track to improve the investment climate, reduce corruption and become a much better place for foreign investments and for local investors with this government. I think that things are heading in the right direction,” says the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti.

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