Politics

Kadia: Electoral promises during a campaign should be taken with a grain of salt

Latest update: 23/03/2021 - 21:42
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On the brink of the electoral campaign for these April 25th upcoming elections, political parties have been quick to present their electoral programs, which according to finance specialists are considered ‘inflated’.  

The vice-Minister of Finance and Economy, Besart Kadia said for ‘Ilva Now’ that promises during a campaign should be taken with a grain of salt.

He also added that the Albanian economy during 2020 has suffered a great recession, where consumption among other things has taken a hit, while local and foreign investments have dropped because of the pandemic.

“2020 was probably the biggest recession in the last 15 years for the Albanian economy. Consumption and local and foreign investments have taken a hit.  Some of the promises made are part of the help given to businesses, such as the omission from VAT tax, which at this moment gives more optimism. In general, promises during a campaign should be taken with a grain of salt,” stated Kadia.

Economy expert, Ilir Ciko also added that electoral programs create a big question mark because no one knows how they will be accomplished.

“On the brink of these electoral campaigns, we see a lot of promises, which are always the most attractive and relatable for the public, but the situation isn’t fully apprehensible, in terms of how these plans can actually be realized at this time. There’s a big question mark over how accomplishable everything could be,” he added.   

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