Monthly Archives - December 2022

Why is the euro currently so weak in Albania and why the high prices?

According to the history and development of inflationary trends it has been observed that countries with higher inflation usually see their currency depreciating relative to the currencies of their trading partners. This is usually accompanied by higher interest rates as...

What options do we think are needed in addressing alternative sources for the budget and anti-inflation actions?

Fighting inflation by increasing interest rates may lead to a weakening of production and employment in 2023, but also a further contraction of purchasing power in the country. First, it should be analyzed that monetary policy is not obligatory to follow...

Interest rates and inflation require the expansion of the financial market

Today's economy looks vastly different compared to last year and worries about inflation, exchange rate fluctuations, rising bank interest rates and the cost of personal and business loans and even a recession are weighing on in the minds of each...

Consultation session with interest groups for the improvement of the draft income tax law

The Parliamentary Committee for Economy and Finance held a hearing today with Interest Groups regarding the identified need to further improve the draft law "On Income Tax" and its prospects. Representatives from the Albanian Association of Banks,

Our experts propose that the new draft law on local finances should be inclusive and have expert dialogue

During the monitoring of the public consultation process in 5 municipalities of the country, the 2023 local budgets describe local developments and fiscal policy in the same spirit as the 2022 budget, where optimism and the presentation of achievements...

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