Monthly Archives - March 2023

The increase of the minimum wage does not affect the automatic increase or decrease of other wages

Minimum wage increases may benefit minimum wage workers, but this increase is not automatically dictated as a wage increase for higher wage workers as well.The first step in monitoring the effects of the minimum wage is to verify whether it...

Private pensions in mitigating the negative consequences of population aging and budget relief

Political versions coordinated on the basis of interests are the ones that count for achieving results in the case of promoting a supportive action.Although various policy proposals have been advocated or adopted by governments and interest groups in an...

Indicative approach to taxation of private pensions

Many countries tax certain assets in this way, such as ordinary interest-bearing deposits.On the contrary, avoiding taxation of investment returns, equal pre- and after-tax real returns are maintained, regardless of the mix of inflation and real-to-nominal returns.However, a comprehensive...

Albania on the “grey” list with jurisdiction status under increased monitoring

Jurisdictions under increased monitoring[1] are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.Since February 2020, when Albania made a high-level political commitment to work with...

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