In implementation of the project for monitoring the performance of local government supported by thew Ministry of Foreign Affairs of the Netherlands under Dutch development / foreign policy, ALTAX experts and partners through social audit, have identified and analyzed to...
Housing prices around the world have experienced an uninterrupted boom because of the global financial crisis [1]. However, the extent of the housing boom shows considerable variation across countries.In Albania over the last 12 years (2010 – 2022),...
Taxpayers are more willing to pay taxes if they believe that governments spend tax revenue on programs that benefit people like them, or programs that they value that others are paying their fair share of taxes and that they have...
In broad terms, exchange rate risk [1] is major when a company or investment relies on a foreign currency that must be converted into the Albanian lek.Foreign exchange risk can be caused by the appreciation/devaluation of the Lek,...
In 2022 (11-month), the average tax revenue ratio [1] to GDP in Albania is calculated at 0.8 percentage points (p.p.) more compared to 2021, reaching a weight of 26% of GDP [2].While the GDP in 2022...
The EU works to promote and strengthen the mechanisms of tax good governance, fair taxation, and global tax transparency, to tackle tax fraud, evasion, and avoidance.Given the global nature of unfair tax competition, this also means...
The legal minimum wage level has over the years been used as the most direct policy instrument of governments to influence wage levels at the bottom of the distribution mechanism.But even though minimum wages are considered as a policy action...
In a research analysis [1] prepared by a group of experienced experts [2] of the International Monetary Fund (IMF), emphasis is placed on the need that the countries of the Western Balkans must increase the presence...
In this current economic background, inflation in Albania rose to the highest levels in decades. Initially, the higher inflation was seen as transitory, reflecting increases in relative prices for a small number of items affected by the pandemic. But inflation...
After a strong economic recovery in 2021, Albania in 2022 was hit by high energy costs, fueled to a significant extent by Russia's occupation of Ukraine, but mostly left unclear as to how prepared domestic resources were. to mitigate the...
