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|TIRANA Tim Duncan Kids Jersey , June 5 (Xinhua) -- The Albanian economy is forecasted to grow by 3.5 percent in 2017 and 2018, World Bank confirmed Monday.
The bank increased the forecast for Albania's gross domestic product (GDP) growth in 2019 by 0.1 percentage point, to 3.8 percent, compared to the projection made in January Kawhi Leonard Kids Jersey , the World Bank said in its June 2017 Global Economic Prospects report.
In 2016, Albania's economy expanded by an estimated 3.2 percent, World Bank further said in its report.
WB also noted that private investments in two large energy projects will continue to support growth, aided by private consumption as the labor market improves Rudy Gay Youth Jersey , and net exports supported by demand from the European Union.
With two large energy projects the bank means the Trans-Adriatic gas pipeline (TAP) and the Devoll hydro power plant currently being implemented in the country.
The Bank also revised upwards its growth projections for Albania's neighboring countries such as Macedonia by 0.4 percent and Serbia by 0.3 percent, while it has revised downward Montenegros growth by 0.7 percentage point.
A few days ago, even the European Bank for Reconstruction and Development (EBRD) said in a report that it has confirmed its forecast for Albania's 2017 economic growth at 3.5 percent.
Chinese submersible Jiaolong completes 2nd dive in Yap Trench
China's FTC-2000 aircraft export-version rolls off production line
Activities held across China on World Environment Day
People attend maritime security and pollution prevention drill in Shanghai
Scenery of Dongchuan Red Land in SW China's Yunnan
Macaques attract tourists at scenic spot in SW China's Chongqing
Monk runs on 135-meter-long thin plywood in water in SE China's Fujian
Chinese submersible Jiaolong dives in Yap Trench
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China's food and drug authority has issued another warning about overseas drugs sold online Tim Duncan Youth Jersey , saying that 75 percent of such drugs are counterfeit.
The China Food and Drug Administration said in an online statement on Wednesday that the authenticity of generic anti-cancer drugs sold online cannot have their authenticity and quality guaranteed.
The authority cited an investigation by the drug administration of Shenzhen that said that 75 percent of foreign generic anti-cancer drugs supplied by online agents are fake and ineffective.
Zhi Xiuyi, head of the Lung Cancer Diagnosis and Treatment Center of the Capital Medical University in Beijing, said Chinese cancer patients turn to online agents mainly for cheap generic drugs and foreign new drugs have not yet been approved in China.
“Due to the high cost of developing new drugs and getting patents, many newly developed drugs are very expensive. Yet such drugs are included in the medical insurance systems of the EU and the US Kawhi Leonard Youth Jersey ," he said.
“Many patients turn to online agents for those drugs because the drugs are too expensive in the domestic market or they are not yet available in the overseas market," he said.
As for generic drugs, most that are sold online are imported from India, he said.
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