A lie in broad daylight
Editorial
The government decides to grant loans without having a single lek in its coffers
The Albanian government decided yesterday to serve a huge lie to the unfortunate Albanians who have lost their household savings in the failed pyramid schemes. In a decision issued yesterday, it decided to consider as homeless, and provide with state loans, all those people who, according to it, have sold their homes and put their money into the failed schemes. This latest decision by the Meksi government is a lie in broad daylight to thousands of unfortunate Albanians left without shelter. The government is opening its purse to grant home loans, even though there is not a single lek in its purse. In an interview given to the BBC last night, Prime Minister Meksi said the funds for these loans would come from the State Budget and the Savings Bank. It is precisely in this statement of his that the falsity of the latest decision by the government led by Meksi becomes apparent. It is well known that last year’s State Budget left the government with a deficit of 260 million dollars. This resulted from the failed economic policy of the Meksi government, as well as the colossal expenditure it incurred on the two election campaigns of last year. The present rulers themselves have acknowledged this financial failure, blaming the situation on “the failure to collect taxes and duties.” This dire financial state has led to the Albanian state still being unable to approve this year’s Budget, although the law stipulates that it should have been approved by the end of December last year. The state of deposits at the Savings Bank is similarly dire. The bank is currently struggling to pay the money owed to depositors in the failed Populli Foundation. To understand the Savings Bank’s financial situation, it is enough to recall that the Tirana Municipality alone has approved a list of 600 people who are to receive home loans from this bank. Nevertheless, fewer than 100 of them have received these loans so far. The reason is that the Savings Bank has no funds available for loans to those declared homeless by the Municipality. Prime Minister Meksi also spoke of financial aid promised by the Greek and Italian governments to overcome the current crisis. But despite their promises, this aid is not expected to arrive until the problem of the Albanian pyramid schemes and other issues concerning the country’s political situation have been fully clarified. The governments of these countries have already made this clear. So why does the government make such a decision when it has no way of carrying it out? The answer is clear. As part of its maneuvers to calm the angry people, the government is trying to deceive them with hollow decisions. This decision is just like the law passed last year on the eve of the May 26 elections, which spoke of providing loans to the homeless. At that time, the law was intended to deceive Albanians into giving their votes in the upcoming elections. The government’s current decision, meanwhile, is intended to reduce, if only temporarily, the anger of Albanians who have taken to protesting over their lost money. The government thinks that these unfortunate people will once again believe that its decision to provide home loans will be implemented. By then, the feeling behind this decision will have faded; by then, their protest will have died down. This is what the Meksi government thinks, even as it loudly proclaims its decision to provide home loans. But today’s people have long since stopped believing in government decisions. That is why they will take the government’s latest decision for what it really is: a new lie in broad daylight.