{"id":428056,"date":"2021-02-06T11:13:12","date_gmt":"2021-02-06T10:13:12","guid":{"rendered":"https:\/\/hashtag.al\/?p=428056"},"modified":"2021-02-06T11:13:12","modified_gmt":"2021-02-06T10:13:12","slug":"kursi-i-kembimit-si-i-rezistoi-krizes-se-pandemise","status":"publish","type":"post","link":"https:\/\/www.hashtag.al\/index.php\/2021\/02\/06\/kursi-i-kembimit-si-i-rezistoi-krizes-se-pandemise\/","title":{"rendered":"Kursi i k\u00ebmbimit, si i rezistoi kriz\u00ebs s\u00eb pandemis\u00eb","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"\"<\/a>Ecuria e kursit t\u00eb k\u00ebmbimit n\u00eb 2020. Faktor\u00ebt q\u00eb ndikuan n\u00eb q\u00ebndrueshm\u00ebrine e tij, pavar\u00ebsisht kriz\u00ebs s\u00eb shkaktuar nga pandemia.<\/span><\/strong><\/p>\n

Shp\u00ebrthimi i kriz\u00ebs s\u00eb lidhur me COVID-19 n\u00eb muajin mars t\u00eb vitit t\u00eb kaluar krijoi shqet\u00ebsim p\u00ebr efektet n\u00eb kursin e k\u00ebmbimit valutor. N\u00eb jav\u00ebt e para t\u00eb prekjes nga pandemia, Euro sh\u00ebnoi rritje t\u00eb shpejt\u00eb, duke u forcuar me rreth 7% n\u00eb m\u00eb pak se dy jav\u00eb dhe duke arritur nivelin m\u00eb t\u00eb lart\u00eb vjetor prej 131.06 lek\u00ebsh. Por, nd\u00ebrhyrja e shpejt\u00eb e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb e stabilizoi kursin brenda pak dit\u00ebsh. Kjo nd\u00ebrhyrje rezultoi e mjaftueshme p\u00ebr t\u2019i dh\u00ebn\u00eb kursit q\u00ebndrueshm\u00ebri q\u00eb do t\u00eb zgjaste gjat\u00eb gjith\u00eb pjes\u00ebs s\u00eb mbetur t\u00eb vitit 2020.<\/span><\/p>\n

Shifrat e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb tregojn\u00eb se monedha vendase sh\u00ebnoi n\u00ebn\u00e7mim t\u00eb leht\u00eb n\u00eb kursin e k\u00ebmbimit me Euron n\u00eb vitin 2020. Kursi mesatar i k\u00ebmbimit t\u00eb euros ishte rreth 123.76 lek\u00eb, nga 123 lek\u00eb n\u00eb vitin 2019. Kursi mesatar mujor sh\u00ebnoi nivelin m\u00eb t\u00eb lart\u00eb n\u00eb prill, me 125.4 lek\u00eb dhe nivelin m\u00eb t\u00eb ul\u00ebt n\u00eb muajt janar dhe shkurt, me 122.1 lek\u00eb. Pas kriz\u00ebs, n\u00eb p\u00ebrgjith\u00ebsi, kursi i k\u00ebmbimit rezultoi i q\u00ebndruesh\u00ebm af\u00ebr vler\u00ebs s\u00eb 124 lek\u00ebve, me p\u00ebrjashtim t\u00eb muajve n\u00ebntor dhe dhjetor, kur u v\u00ebrejt nj\u00eb tendenc\u00eb e leht\u00eb n\u00eb r\u00ebnie.<\/span><\/p>\n

M\u00eb dat\u00eb 24 dhjetor, Euro zbriti n\u00eb 122.92 lek\u00eb, niveli m\u00eb i ul\u00ebt i sh\u00ebnuar q\u00eb nga marsi, kur edhe kursi i k\u00ebmbimit ndjeu efektet e panikut q\u00eb shkaktoi n\u00eb ekonomin\u00eb shqiptare pandemia e COVID-19. Sidoqoft\u00eb, forcimi i Lekut gjat\u00eb periudhave t\u00eb lidhura me turizmin dhe pushimet, si sezoni veror dhe fundi i vitit kalendarik, \u00ebsht\u00eb nj\u00eb tendenc\u00eb me p\u00ebrs\u00ebritje sezonale, e lidhur me flukse m\u00eb t\u00eb m\u00ebdha hyr\u00ebse t\u00eb valut\u00ebs n\u00eb vend, krahasuar me periudhat e tjera t\u00eb vitit.<\/span><\/p>\n

\"\"<\/a>Leku forcohet edhe me Dollarin<\/span><\/strong><\/p>\n

N\u00eb vitin 2020, Leku shfaqi nj\u00eb performanc\u00eb edhe m\u00eb t\u00eb mir\u00eb n\u00eb kursin e k\u00ebmbimit ndaj Dollarit Amerikan, n\u00eb mbi\u00e7mim krahasuar me vitin 2019. Kursi mesatar i k\u00ebmbimit t\u00eb Dollarit Amerikan p\u00ebr vitin e kaluar ishte 108.65 lek\u00eb, nga 109.84 lek\u00eb n\u00eb vitin 2019.<\/span><\/p>\n

N\u00eb gjysm\u00ebn e dyt\u00eb t\u00eb vitit 2020, Dollari nisi nj\u00eb cik\u00ebl r\u00ebnieje me shumic\u00ebn e valutave kryesore, e cila u reflektua edhe n\u00eb kursin e k\u00ebmbimit me Lekun. Zhvler\u00ebsimi i dollarit ndaj Lekut arriti kulmin n\u00eb dhjetor, kur monedha e gjelb\u00ebr u k\u00ebmbye mesatarisht me 101.6 lek\u00eb, niveli m\u00eb i ul\u00ebt q\u00eb prej prillit t\u00eb vitit 2014. N\u00eb terma t\u00eb kursit ditor, Dollari preku vler\u00ebn m\u00eb t\u00eb ul\u00ebt t\u00eb vitit m\u00eb dat\u00eb 29 dhjetor, n\u00eb nivelin e 100.66 lek\u00ebve.<\/span><\/p>\n

Ndryshe nga kursi i Euros, ai i Dollarit \u00ebsht\u00eb m\u00eb pak i ndikuar nga koniunktura e brendshme e tregut dhe reflekton kryesisht ecurin\u00eb e monedh\u00ebs s\u00eb gjelb\u00ebr n\u00eb tregjet financiare nd\u00ebrkomb\u00ebtare. Zhvler\u00ebsimi ndaj Lekut reflekton nj\u00eb tendenc\u00eb t\u00eb ngjashme n\u00eb kursin e Dollarit me Euron dhe me monedhat e tjera kryesore. Kjo ndodh sepse volumet e k\u00ebmbimit t\u00eb Dollarit jan\u00eb t\u00eb vogla p\u00ebr t\u00eb p\u00ebrcaktuar nj\u00eb kurs q\u00eb mb\u00ebshtetet n\u00eb m\u00ebnyr\u00eb t\u00eb mir\u00ebfillt\u00eb te k\u00ebrkesa dhe oferta e brendshme. P\u00ebr k\u00ebt\u00eb arsye, si referenc\u00eb e kursit t\u00eb Lekut kundrejt Dollarit dhe monedhave t\u00eb tjera merret kursi i k\u00ebmbimit t\u00eb tyre me Euron.<\/span><\/p>\n

\u201cZhvler\u00ebsimi i Dollarit Amerikan ndaj Lekut \u00ebsht\u00eb thjesht reflektim i kursit euro-dollar. Nuk mendoj se kursi i dollarit ndikohet nga faktor\u00eb t\u00eb brendsh\u00ebm. N\u00eb volumet e k\u00ebmbimit t\u00eb monedhave t\u00eb huaja, Dollari mund t\u00eb z\u00ebr\u00eb nj\u00eb pesh\u00eb prej 3% ose 4% n\u00eb vit, k\u00ebshtu q\u00eb nuk p\u00ebrcaktohet k\u00ebrkes\u00eb-oferta e brendshme.\u201d-<\/em> shprehen p\u00ebr \u201cMonitor\u201d, ekspert\u00eb t\u00eb tregut valutor.<\/span><\/p>\n

\"\"<\/a><\/span><\/strong><\/p>\n

Deficiti i jasht\u00ebm arrin nivelin m\u00eb t\u00eb lart\u00eb q\u00eb prej vitit 2011<\/span><\/strong><\/p>\n

Pandemia, n\u00eb fakt, ka dh\u00ebn\u00eb nj\u00eb goditje t\u00eb ndjeshme n\u00eb pozicionin e jasht\u00ebm t\u00eb ekonomis\u00eb shqiptare. Deficiti i llogaris\u00eb korrente p\u00ebr 9-mujorin 2020 arriti vler\u00ebn e 806 milion\u00eb eurove, n\u00eb rritje me 8.5% krahasuar me t\u00eb nj\u00ebjt\u00ebn periudh\u00eb t\u00eb vitit t\u00eb kaluar. Deficiti korrent i 9-mujorit 2020 \u00ebsht\u00eb nj\u00ebkoh\u00ebsisht m\u00eb i larti q\u00eb prej vitit 2011.<\/span><\/p>\n

Nj\u00eb rritje e deficitit t\u00eb llogaris\u00eb korrente pas shp\u00ebrthimit t\u00eb kriz\u00ebs pandemike ishte e pritshme, p\u00ebr shkak t\u00eb impaktit n\u00eb ecurin\u00eb e eksportit t\u00eb mallrave dhe sidomos t\u00eb sh\u00ebrbimeve, ku m\u00eb i godituri \u00ebsht\u00eb turizmi. T\u00eb ardhurat neto nga turizmi p\u00ebr 9-mujorin 2020 ishin 224 milion\u00eb euro, n\u00eb r\u00ebnie me 46% krahasuar me t\u00eb nj\u00ebjt\u00ebn periudh\u00eb t\u00eb nj\u00eb viti m\u00eb par\u00eb. Ndikimi ishte m\u00eb i vog\u00ebl n\u00eb komponentin e sektorit fason, tjet\u00ebr kolon\u00eb e r\u00ebnd\u00ebsishme e eksporteve shqiptare. T\u00eb ardhurat nga sektori ran\u00eb 5.6% me baz\u00eb vjetore.<\/span><\/p>\n

Efekti negativ \u00ebsht\u00eb shtrir\u00eb tek nj\u00eb tjet\u00ebr burim i r\u00ebnd\u00ebsish\u00ebm valute, remitancat, q\u00eb p\u00ebr 9-mujorin ran\u00eb n\u00eb 470 milion\u00eb euro, pothuajse 10% m\u00eb pak krahasuar me nj\u00eb vit m\u00eb par\u00eb.<\/span><\/p>\n

Nd\u00ebrkoh\u00eb, deficiti korrent p\u00ebsoi nj\u00eb ngushtim n\u00eb komponentin m\u00eb t\u00eb madh, deficitin n\u00eb mallra, q\u00eb zbriti n\u00eb 2.1 miliard\u00eb euro, 8.6% m\u00eb pak krahasuar me 9-mujorin 2019. Ngushtimi i deficitit n\u00eb mallra erdhi nga r\u00ebnia e ndjeshme e importeve krahasuar me nj\u00eb vit m\u00eb par\u00eb.<\/span><\/p>\n

\"\"<\/a><\/span><\/strong><\/p>\n

Sasia e Lekut n\u00eb ekonomi arrin nivele rekord<\/span><\/strong><\/p>\n

Pas shp\u00ebrthimit t\u00eb kriz\u00ebs n\u00eb muajin mars 2020, Banka e Shqip\u00ebris\u00eb ndoqi nj\u00eb politik\u00eb t\u00eb furnizimit t\u00eb pakufizuar t\u00eb tregut me likuiditet t\u00eb nevojsh\u00ebm, p\u00ebr t\u00eb siguruar stabilitetin e sistemit financiar dhe p\u00ebr t\u2019iu p\u00ebrgjigjur nevojave t\u00eb ekonomis\u00eb p\u00ebr para. Kjo u p\u00ebrkthye n\u00eb ofert\u00eb t\u00eb shtuar t\u00eb monedh\u00ebs vendase n\u00eb treg. Statistikat tregojn\u00eb se n\u00eb fund t\u00eb n\u00ebntorit 2020, vlera e agregatit monetar M2, q\u00eb p\u00ebrfaq\u00ebson indikatorin m\u00eb t\u00eb p\u00ebraf\u00ebrt t\u00eb sasis\u00eb totale t\u00eb lekut q\u00eb qarkullon n\u00eb ekonomin\u00eb shqiptare, arriti vler\u00ebn e 834 miliard\u00eb lek\u00ebve.<\/span><\/p>\n

Me baz\u00eb vjetore, agregati M2 u rrit me 11.7%, nd\u00ebrsa krahasuar me muajin mars, rritja ishte rreth 8.7%. Fakti q\u00eb mes muajve mars dhe n\u00ebntor, oferta e lekut n\u00eb ekonomi u zgjerua me mbi 66 miliard\u00eb lek\u00eb, n\u00eb teori krijonte premisa p\u00ebr nj\u00eb n\u00ebn\u00e7mim t\u00eb monedh\u00ebs vendase ndaj euros. Megjithat\u00eb, as ky faktor nuk dha ndonj\u00eb efekt dometh\u00ebn\u00ebs n\u00eb zhvler\u00ebsimin e lekut. Agjent\u00ebt e k\u00ebmbimeve valutore kan\u00eb konstatuar nj\u00eb k\u00ebrkes\u00eb t\u00eb dob\u00ebt p\u00ebr euro n\u00eb treg, e cila mund t\u00eb jet\u00eb nj\u00eb nga arsyet q\u00eb ka balancuar n\u00eb krahun tjet\u00ebr likuiditetin e bollsh\u00ebm n\u00eb lek\u00eb.<\/span><\/p>\n

N\u00eb krahun e ofert\u00ebs totale t\u00eb euros n\u00eb treg, nuk ekzistojn\u00eb statistika, sepse deri tani nuk \u00ebsht\u00eb mundur t\u00eb matet ose t\u00eb vler\u00ebsohet sasia e euros q\u00eb qarkullon jasht\u00eb bankave. Indikator\u00ebt e t\u00ebrthort\u00eb t\u00eb ndryshimeve t\u00eb fluksit t\u00eb euros n\u00eb ekonomin\u00eb shqiptare jan\u00eb bilanci i pagesave dhe ecuria e depozitave bankare.<\/span><\/p>\n

N\u00ebse bilanci i pagesave \u00ebsht\u00eb p\u00ebrkeq\u00ebsuar, depozitat kan\u00eb regjistruar rritje n\u00eb p\u00ebrmasa jo shum\u00eb t\u00eb m\u00ebdha. Sipas t\u00eb dh\u00ebnave nga Banka e Shqip\u00ebris\u00eb, n\u00eb fund t\u00eb n\u00ebntorit 2020, totali i depozitave n\u00eb monedh\u00ebn europiane arriti n\u00eb 4.51 miliard\u00eb euro. Me baz\u00eb vjetore, depozitat n\u00eb euro jan\u00eb rritur me 2.7%, nd\u00ebrsa krahasuar me muajin mars, rritja rezulton mjaft e ul\u00ebt, me m\u00eb pak se 1%.<\/span><\/p>\n

Nj\u00eb faktor me ndikim t\u00eb konsideruesh\u00ebm n\u00eb ekonomin\u00eb shqiptare dhe n\u00eb kursin e k\u00ebmbimit besohet t\u00eb jet\u00eb edhe paraja nga aktivitetet e jasht\u00ebligjshme dhe q\u00eb kryesisht hyjn\u00eb n\u00eb ekonomin\u00eb shqiptare n\u00eb euro. Vitet e fundit, ka dyshime p\u00ebr rritje t\u00eb investimit t\u00eb k\u00ebtyre parave n\u00eb sektorin e nd\u00ebrtimit. Vendosja n\u00eb pun\u00eb e k\u00ebtyre parave p\u00ebr nd\u00ebrtime n\u00eb teori mund t\u00eb ket\u00eb rritur ofert\u00ebn dhe k\u00ebmbimet e euros n\u00eb tregun e brendsh\u00ebm valutor.<\/span><\/p>\n

\"\"<\/a><\/span><\/strong><\/p>\n

Banka e Shqip\u00ebris\u00eb nd\u00ebrpreu programin e blerjes s\u00eb valut\u00ebs<\/span><\/strong><\/p>\n

Thellimi i deficitit n\u00eb bilancin e pagesave dhe rritja e likuiditetit n\u00eb lek\u00eb n\u00eb teori ndoshta duhej t\u00eb ishte shoq\u00ebruar me nj\u00eb n\u00ebn\u00e7mim t\u00eb fort\u00eb t\u00eb monedh\u00ebs vendase n\u00eb kursin e k\u00ebmbimit me euron. Megjithat\u00eb, tregu valutor duket se u ndikua pjes\u00ebrisht nga disa faktor\u00eb t\u00eb tjer\u00eb balancues. Banka e Shqip\u00ebris\u00eb nd\u00ebrhyri menj\u00ebher\u00eb p\u00ebr t\u00eb frenuar at\u00eb q\u00eb dukej t\u00eb ishte nj\u00eb rrokullisje e rrezikshme e Lekut n\u00eb gjysm\u00ebn e dyt\u00eb t\u00eb muajit mars 2020.<\/span><\/p>\n

Shp\u00ebrthimi i epidemis\u00eb s\u00eb COVID-19 shkaktoi nj\u00eb lloj paniku n\u00eb tregun valutor dhe Leku u n\u00ebn\u00e7mua kundrejt Euros me rreth 7% brenda pak jav\u00ebsh. Kjo b\u00ebri q\u00eb n\u00eb datat 27 dhe 30 mars, Banka e Shqip\u00ebris\u00eb t\u00eb nd\u00ebrhynte dy her\u00eb n\u00eb treg, duke shitur valut\u00eb p\u00ebr m\u00eb shum\u00eb se 20 milion\u00eb euro. K\u00ebto nd\u00ebrhyrje e qet\u00ebsuan shpejt tregun valutor.<\/span><\/p>\n

Paralelisht, Banka e Shqip\u00ebris\u00eb vendosi t\u00eb anuloj\u00eb edhe ankandet p\u00ebr blerjen e valut\u00ebs n\u00eb tregun e brendsh\u00ebm valutor. P\u00ebr vitin e kaluar, u zhvilluan vet\u00ebm dy ankande, me nj\u00eb shum\u00eb totale t\u00eb bler\u00eb prej 13.7 milion\u00eb eurosh, nd\u00ebrsa kishte planifikuar t\u00eb blinte nj\u00eb shum\u00eb prej rreth 102 milion\u00eb eurosh, mb\u00ebshtetur n\u00eb kalendarin vjetor. Anulimi u b\u00eb p\u00ebr t\u00eb mos krijuar k\u00ebrkes\u00eb shtes\u00eb p\u00ebr euro n\u00eb tregun valutor, \u00e7ka n\u00eb teori mund t\u00eb sillte presione p\u00ebr mbi\u00e7mimin e monedh\u00ebs europiane.<\/span><\/p>\n

Stabilizimi i kursit t\u00eb k\u00ebmbimit ka b\u00ebr\u00eb q\u00eb Banka e Shqip\u00ebris\u00eb t\u00eb rifilloj\u00eb k\u00ebt\u00eb vit ankandet e blerjes s\u00eb valut\u00ebs, n\u00eb funksion t\u00eb menaxhimit t\u00eb rezerv\u00ebs valutore. Jan\u00eb planifikuar gjithsej 14 ankande, ku shuma e parashikuar p\u00ebr t\u2019u bler\u00eb \u00ebsht\u00eb midis 56 dhe 84 milion\u00eb eurove. Shuma e bler\u00eb n\u00eb ankande mund t\u00eb jet\u00eb edhe m\u00eb e madhe, sepse n\u00eb shumic\u00ebn e rasteve, Banka e Shqip\u00ebris\u00eb ushtron opsionin e blerjes n\u00eb nj\u00eb raund t\u00eb dyt\u00eb, n\u00eb shuma m\u00eb t\u00eb m\u00ebdha.<\/span><\/p>\n

Shumat e blera n\u00eb ankande nga Banka e Shqip\u00ebris\u00eb u rrit\u00ebn ndjesh\u00ebm pas vitit 2017 dhe arrit\u00ebn shifr\u00ebn rekord t\u00eb gati 155 milion\u00eb eurove n\u00eb vitin 2019. P\u00ebr vitin e kaluar, u zhvilluan vet\u00ebm dy ankande me nj\u00eb shum\u00eb totale t\u00eb bler\u00eb prej 13.7 milion\u00eb eurosh, nd\u00ebrsa kishte planifikuar t\u00eb blinte nj\u00eb shum\u00eb prej rreth 102 milion\u00eb eurosh, mb\u00ebshtetur n\u00eb kalendarin vjetor t\u00eb ankandeve.<\/span><\/p>\n

N\u00eb fund t\u00eb muajit n\u00ebntor 2020, rezerva valutore e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb kishte vler\u00ebn e 3.87 miliard\u00eb eurove, n\u00eb rritje vjetore me 17.2%. Rezerva arriti vler\u00ebn rekord t\u00eb 4.17 miliard\u00eb eurove n\u00eb qershor, pas depozitimit t\u00eb fondeve t\u00eb eurobondit nga qeveria shqiptare, nd\u00ebrsa erdhi gradualisht n\u00eb r\u00ebnie t\u00eb leht\u00eb n\u00eb gjysm\u00ebn e dyt\u00eb t\u00eb vitit.<\/span><\/p>\n

Q\u00ebllimi kryesor i rezerv\u00ebs valutore \u00ebsht\u00eb mbulimi i nevojave emergjente q\u00eb mund t\u00eb ket\u00eb ekonomia p\u00ebr valut\u00eb t\u00eb huaj. Por, ajo mund t\u00eb p\u00ebrdoret edhe si instrument rregullues n\u00eb raste t\u00eb \u00e7rregullimit t\u00eb kursit t\u00eb k\u00ebmbimit, ose n\u00eb funksion t\u00eb objektivave ligjor\u00eb t\u00eb Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb, p\u00ebr ruajtjen e stabilitetit t\u00eb \u00e7mimeve dhe stabilitetit financiar.<\/span><\/p>\n

\"\"<\/a>Qeveria e mbuloi deficitin buxhetor me eurobondin<\/span><\/strong><\/p>\n

Nj\u00eb faktor q\u00eb pati ndikim t\u00eb konsideruesh\u00ebm n\u00eb ofert\u00ebn e valut\u00ebs n\u00eb tregun e brendsh\u00ebm valutor n\u00eb vitin 2020 ishte eurobondi prej 650 milion\u00eb eurosh i siguruar n\u00eb muajin qershor n\u00eb tregjet financiare nd\u00ebrkomb\u00ebtare.<\/span><\/p>\n

Nj\u00eb pjes\u00eb e tyre, 250 milion\u00eb euro, sh\u00ebrbyen p\u00ebr t\u00eb shlyer eurobondin e vitit 2015, nd\u00ebrsa pjesa m\u00eb e madhe u p\u00ebrdor\u00ebn p\u00ebr financimin e deficitit buxhetor t\u00eb vendit.<\/span><\/p>\n

Mbulimi i deficitit me parat\u00eb e eurobondit uli k\u00ebrkes\u00ebn p\u00ebr huamarrje t\u00eb brendshme dhe ndihmoi n\u00eb ruajtjen e interesave t\u00eb q\u00ebndrueshme n\u00eb tregun primar t\u00eb letrave t\u00eb borxhit t\u00eb qeveris\u00eb. Duke qen\u00eb se qeveria i kryen shumic\u00ebn e shpenzimeve t\u00eb veta n\u00eb lek\u00eb, k\u00ebto fonde krijuan gjithashtu nj\u00eb shtes\u00eb t\u00eb ofert\u00ebs p\u00ebr euro n\u00eb tregun valutor dhe ndikuan n\u00eb stabilitetin e kursit t\u00eb k\u00ebmbimit mes Euros dhe Lekut.<\/span><\/p>\n

P\u00ebr 11-mujorin 2020, deficiti buxhetor arriti vler\u00ebn rekord t\u00eb 73 miliard\u00eb lek\u00ebve. Pjesa m\u00eb e madhe e deficitit prej 35 miliard\u00eb lek\u00ebsh t\u00eb krijuar n\u00eb periudh\u00ebn qershor-n\u00ebntor u mbulua pik\u00ebrisht p\u00ebrmes fondeve t\u00eb eurobondit. Nga 650 milion\u00eb euro hua t\u00eb siguruara nga eurobondi i qershorit, 400 milion\u00eb euro kishin q\u00ebllim t\u00eb p\u00ebrdoreshin pik\u00ebrisht p\u00ebr mb\u00ebshtetje buxhetore, p\u00ebr mbulimin e deficitit. Pandemia krijoi nj\u00eb thellim drastik t\u00eb deficitit buxhetor, sidomos p\u00ebr shkak t\u00eb t\u00eb ardhurave t\u00eb munguara.<\/span><\/p>\n

N\u00eb 11 muajt e k\u00ebtij viti, qeveria shqiptare ark\u00ebtoi rreth 305 milion\u00eb euro m\u00eb pak krahasuar me t\u00eb nj\u00ebjt\u00ebn periudh\u00eb t\u00eb vitit t\u00eb kaluar. Nj\u00eb element tjet\u00ebr q\u00eb mund t\u00eb tregoj\u00eb ndikimin e shpenzimeve publike \u00ebsht\u00eb rritja e leht\u00eb e investimeve me financim t\u00eb huaj. Sipas Ministris\u00eb s\u00eb Financave, p\u00ebr 11-mujorin 2020 vlera e investimeve me financim nga jasht\u00eb arriti n\u00eb 20.9 miliard\u00eb lek\u00eb, n\u00eb rritje me gati 15% krahasuar me t\u00eb nj\u00ebjt\u00ebn periudh\u00eb t\u00eb vitit 2019.<\/span><\/p>\n

Ekspert\u00ebt: Mungesa e spekulimit i jep stabilitet kursit t\u00eb k\u00ebmbimit<\/span><\/strong><\/p>\n

Ekspert\u00eb t\u00eb sektorit bankar shprehen p\u00ebr revist\u00ebn \u201cMonitor\u201d se nj\u00eb faktor me ndikim t\u00eb r\u00ebnd\u00ebsish\u00ebm n\u00eb q\u00ebndrueshm\u00ebrin\u00eb e kursit t\u00eb k\u00ebmbimit Euro-Lek n\u00eb Shqip\u00ebri \u00ebsht\u00eb mungesa e dimensionit spekulativ.<\/span><\/p>\n

\u201cMendoj se tregu mbahet i q\u00ebndruesh\u00ebm edhe nga mungesa e aspektit spekulativ. Tek ne nuk ndodh q\u00eb aktor\u00ebt e m\u00ebdhenj n\u00eb treg t\u00eb b\u00ebjn\u00eb blerje ose shitje t\u00eb m\u00ebdha, t\u00eb mb\u00ebshtetura tek pritshm\u00ebrit\u00eb p\u00ebr mbi\u00e7mim apo n\u00ebn\u00e7mim t\u00eb kursit. Aspekti spekulativ ka ndikim t\u00eb r\u00ebnd\u00ebsish\u00ebm, ai \u00ebsht\u00eb faktori kryesor q\u00eb ndikon te luhatjet n\u00eb tregjet globale\u201d<\/em>. \u2013 shprehet nj\u00eb drejtues i operacioneve t\u00eb Thesarit brenda sektorit bankar.<\/span><\/p>\n

Sipas tij, p\u00ebr vitin 2020 do t\u00eb kishte qen\u00eb i pritsh\u00ebm nj\u00eb n\u00ebn\u00e7mim i Lekut, p\u00ebr shkak t\u00eb rritjes s\u00eb deficitit t\u00eb bilancit t\u00eb pagesave, por edhe shtimit t\u00eb likuiditetit n\u00eb lek\u00eb nga Banka Qendrore. Megjithat\u00eb, ai thot\u00eb se ndoshta oferta e euros n\u00eb treg mund t\u00eb jet\u00eb shtuar nga injektimet e ndihmave p\u00ebr rim\u00ebk\u00ebmbjen dhe p\u00ebr t\u00ebrmetin.<\/span><\/p>\n

\u201cQ\u00ebndrueshm\u00ebria e kursit t\u00eb k\u00ebmbimit ndiqet edhe nga Banka e Shqip\u00ebris\u00eb dhe n\u00eb momente t\u00eb ve\u00e7anta ata mund t\u00eb nd\u00ebrhyjn\u00eb. Mendoj se \u00ebsht\u00eb edhe psikologjike, kursi \u00ebsht\u00eb stabilizuar pak a shum\u00eb n\u00eb k\u00ebto nivele. Volumet e k\u00ebmbimit p\u00ebrgjith\u00ebsisht jan\u00eb t\u00eb balancuara dhe nuk ka luhatje t\u00eb m\u00ebdha t\u00eb tregtimit gjat\u00eb vitit.<\/span><\/em><\/p>\n

Edhe n\u00eb mars, kur kursi p\u00ebsoi luhatje t\u00eb fort\u00eb, kjo ishte kryesisht psikologjike, nuk \u00ebsht\u00eb se pati ndonj\u00eb k\u00ebrkes\u00eb t\u00eb jasht\u00ebzakonshme p\u00ebr euro q\u00eb kursi t\u00eb shkonte n\u00eb ato nivele. Ishte m\u00eb shum\u00eb nj\u00eb \u00e7orientim n\u00eb sistem. Ne jemi nj\u00eb treg i vog\u00ebl dhe mund t\u00eb mjaftojn\u00eb pak transaksione n\u00eb vler\u00eb t\u00eb lart\u00eb p\u00ebr t\u00eb krijuar l\u00ebvizje t\u00eb p\u00ebrkohshme, por mendoj se jan\u00eb zhvillime kalimtare dhe brenda nj\u00eb luhatshm\u00ebrie normale\u201d.<\/em> \u2013 shprehet ai.<\/span><\/p>\n

Viti 2021 mund t\u00eb sjell\u00eb nj\u00eb forcim t\u00eb leht\u00eb t\u00eb euros dhe dollarit<\/span><\/strong><\/p>\n

Ekspert\u00ebt mendojn\u00eb se kursi i k\u00ebmbimit do t\u00eb ruaj\u00eb stabilitetin edhe n\u00eb vitin 2021, por ndoshta me nj\u00eb mbi\u00e7mim t\u00eb leht\u00eb t\u00eb euros dhe Dollarit Amerikan.<\/span><\/p>\n

\u201cP\u00ebr vitin 2021, mendoj se mund t\u00eb ket\u00eb nj\u00eb mbi\u00e7mim t\u00eb leht\u00eb t\u00eb Euros, edhe p\u00ebr shkak t\u00eb shtimit t\u00eb m\u00ebtejsh\u00ebm t\u00eb likuiditetit n\u00eb lek\u00eb, e lidhur me rind\u00ebrtimin, por edhe me vitin elektoral. Sidoqoft\u00eb, nuk mendoj se do t\u00eb ket\u00eb luhatje shum\u00eb t\u00eb m\u00ebdha. Tregu ka furnizim me valut\u00eb, edhe k\u00ebrkesa \u00ebsht\u00eb e balancuar.<\/span><\/em><\/p>\n

Mendoj gjithashtu se n\u00eb vitin 2021 do t\u00eb ket\u00eb nj\u00eb rim\u00ebk\u00ebmbje t\u00eb leht\u00eb t\u00eb kursit t\u00eb dollarit. Besoj se me marrjen e pushtetit nga presidenti i ri amerikan do t\u00eb ket\u00eb nj\u00eb fuqizim t\u00eb dollarit n\u00eb tregjet nd\u00ebrkomb\u00ebtare, e cila do t\u00eb reflektohet edhe n\u00eb kursin me lekun\u201d<\/em> \u2013 thot\u00eb p\u00ebr revist\u00ebn \u201cMonitor\u201d, eksperti i operacioneve valutore.<\/span><\/p>\n

VINI RE:<\/span> Ky artikull \u00ebsht\u00eb pron\u00eb intelektuale e Monitor.al<\/span><\/a><\/span><\/strong><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Ecuria e kursit t\u00eb k\u00ebmbimit n\u00eb 2020. Faktor\u00ebt q\u00eb ndikuan n\u00eb q\u00ebndrueshm\u00ebrine e tij, pavar\u00ebsisht kriz\u00ebs s\u00eb shkaktuar nga pandemia. Shp\u00ebrthimi i kriz\u00ebs s\u00eb lidhur me COVID-19 n\u00eb muajin mars t\u00eb vitit t\u00eb kaluar krijoi shqet\u00ebsim p\u00ebr efektet n\u00eb kursin e k\u00ebmbimit valutor. N\u00eb jav\u00ebt e para t\u00eb prekjes nga pandemia, Euro sh\u00ebnoi rritje t\u00eb […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":30,"featured_media":428062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65,13],"tags":[],"class_list":["post-428056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lajme","category-te-fundit"],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/428056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/comments?post=428056"}],"version-history":[{"count":0,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/428056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media\/428062"}],"wp:attachment":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media?parent=428056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/categories?post=428056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/tags?post=428056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}