Shqipëria Posted on 2026-07-17 14:16:00

Funds for the "Double Your Entrepreneurship" program are increased - Malaj: The Sovereign Guarantee has increased from 3 billion lek to 5 billion lek

From SCAN TV

Funds for the "Double Your Entrepreneurship" program are increased -

The Minister of Finance, Petrit Malaj, participated in the presentation activity of the National Program "Double Your Entrepreneurship".

During his speech, Minister Malaj praised the success of the Sovereign Guarantee in Agriculture, which was launched in August 2025 as an instrument to increase access to financing for underfunded sectors of the economy, where in just six months of implementation, about a third of the 3 billion lek fund was used to finance farmers. The high interest and the results achieved, said Mr. Malaj, proved that the Sovereign Guarantee was the right instrument to provide access to financing to a sector with great development potential and led to the expansion of the scheme for small and medium-sized enterprises in other sectors of the economy.

The Minister announced that, with the amendments approved through the Normative Act of the 2026 budget, the Sovereign Guarantee expanded its scope of coverage and the financial terms were also revised, turning it into a national support instrument for entrepreneurship.

The Minister emphasized that with the recent changes, the Sovereign Guarantee Fund has increased from 3 billion lek to 5 billion lek; the maximum value of the guaranteed loan for each beneficiary has increased from 25 million lek to 200 million lek; the maximum repayment term has been extended to 10 years; while the interest rate remains favorable, at 2–3%, while the state guarantees up to 70% of the loan.

In his speech, Minister Malaj emphasized that the Albanian Government remains committed to supporting small and medium-sized enterprises in the process of integration into the European market, helping them increase productivity, human capacities and the level of investment.

 

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