Germany increases the funding for Albania. Overcoming the consequences of COVID is the main focus
The Minister of Finance and Economy Anila Denaj held today a meeting with the German Ambassador to Albania Peter Zingraf where they discussed the intensification of the Albanian-German cooperation during 2020.
The official announcement of the Ministry of Finance states that Denaj praised the support of the German government and attention to priority sectors in the country over the years and that Germany remains a strategic partner for Albania’s economic development, but also in the framework of EU integration processes.
Ambassador Zingraf announced the allocation of an additional fund of 10.5 million euros for economic and technical cooperation between the two countries, for the period 2020-2021, in support of the impact of the COVID-19 pandemic, particularly focused on support for SME-s, their development and promotion, but also rural areas and vocational education.
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