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The fall of the euro/ The Chairman of the Association of Exporters reveals what is happening with the economic situation: It is negatively affecting the fashion industry, we have cut jobs in...
Written by SOT.COM.AL 12 Shkurt 2024
The fall of the European currency has directly affected the fashion crisis, bringing job cuts.
Alban Zusi, the chairman of the Association of Exporters, in an interview for the television show, said that our country lacks economic direction, adding that correct policies are followed in Europe and the Region.
" The situation of Albanian exports is very serious and it is what we have warned that the whole economy will suffer. The problem is very deep and of economic concepts for running the state. There is no economic concept here. The country is not run economically. Developed countries do not do what happened in Albania, they do the opposite. Devalue the local currency and increase the foreign currency to encourage exports because by making the local currency cheaper, the cost automatically becomes more competitive and economies grow. Here it turned out the opposite. If it happened in other countries of the Region, we would think that it would be for everyone, but it happened only here. One day, if justice will work, the bank managers will also answer. We did not expect it to happen that we had a government position in support of this situation ", said Zusi.
He added that many food products come from abroad and wrong policies according to him have brought about a 20% drop in domestic agricultural production.
" Meat, fruits, salami, beers, wines come from abroad. Green salad and salad are left over from the place.
Domestic agricultural production fell by almost 20%, it is not declared but this is the truth. Buying Albanian products to sell them in a formal way is not worth it in Albania. The farmer is not aware of the VAT and why he spends the VAT but cannot give it. The fiscal structure has become wrong ", added Zusi.
The Chairman of the Association of Exporters said that in his business he has cut 20% of the staff, part of which according to him have gone abroad.
" I have cut 20% of the staff in my business. We have not fired people at all, but also managers and qualified professionals. My company's exports dropped by 30-40% last year. The government has dealt a blow together with the Bank of Albania. It is wrong to say that it is a business crisis, but this is a crisis created by the government. This is leading to job losses. People are fleeing, leaving the country. This is strengthening the tendency to leave. In exporting businesses, they had also found some kind of comfort. They have a different formation and they want to keep it there. They pay according to the market.
Emergency is how economic policies are made. This country must learn to make policies for all economies ," said Zusi.