World Bank presses Albania to raise electricity prices

Feb 14, 2008 01:00 AM

The World Bank has reiterated calls for an increase in the electricity prices in Albania, but also pushed for a scheme to protect the poor.
Jane Armitage, World Bank’s country director and regional coordinator for South East Europe, encouraged the Albanian government to move quickly toward economic tariffs, while establishing a system to protect poor and vulnerable households, in order to secure the financial viability of power utility KESH and the prospects for private participation, the bank said.

Source / Albania Daily News
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