Albania's Poverty Risk Remains High Despite Economic Growth

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Albania's Poverty Risk Remains High Despite Economic Growth

Despite the above-average economic growth and a decrease in population, a significant portion of the Albanian population, nearly half, still lives near the poverty line. According to recent data from INSTAT, the risk of poverty, referring to individuals at risk of being either severely deprived materially and socially, or living in households with very low employment intensity, affected 42.1% of the country's population in 2023, down from 44.5% …