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The Minister of Economy and Finance, Delina Ibrahimaj met this Friday with representatives of the Banking Association for Sovereign Guarantee, where he informed that the government has prepared a fund of 3 billion ALL to help businesses.
The technical details of this warranty have not yet been made public. The government has meanwhile set up a board to monitor basket prices.
Through this guarantee, food importers are enabled not to interrupt the supply of food in the country.
“With representatives of the Banking Association to detail the technical aspects of the Sovereign Guarantee instrument. 3 billion ALL will be the fund available for all businesses representing the supply chain with basket goods, who will want to benefit from this loan with the state guarantor, in order to cover the working capital for basic foodstuffs. We are on the side of business and in support of the most needy to successfully overcome this economic challenge dictated by the war in Ukraine“, According to her.
Recall that our country is facing price increases for more than a month now, as a result of Russian attacks on Ukraine.
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