VLEN: 4.3% economic growth accompanied by investments and 20 million euros for local businesses

The ruling party VLEN has commented on the latest economic data, according to which economic growth in the second quarter reached 4.3 percent.

According to this party, the economic expansion has been supported by increased investments, export growth, and the performance of the processing industry.

The data presented in VLEN’s press release show that investments increased by 16.5 percent, exports by 10.4 percent, while the processing industry recorded a growth of 4.1 percent.

“The 4.3 percent economic growth in the second quarter is good news for the country. Even more important is that investments, exports, and the processing industry are behind this growth,” the VLEN statement says.

VLEN also announced that, through the Ministry of Economy and Labor, this year 1.23 billion denars, which is approximately 20 million euros, have been allocated for local companies.

The funds, according to the statement, will serve companies that plan to expand production, purchase equipment, and create new jobs.