Monthly Archives - September 2023

Compulsory housing insurance provision by catastrophes in a fiscalist’s perspective

Property insurance can make an important contribution to managing the financial impacts of earthquake risk, although earthquake loss insurance faces a number of challenges. As a result, various countries have made public earthquake (re)insurance arrangements to support wider insurance coverage, especially...

Employment and average salary in the second quarter of 2023 in the eyes of the fiscalist

The average gross monthly salary for an employee, during the second quarter of 2023, is ALL 70,905, increasing by 16.9%, compared to the same quarter last year. The average salary in the public sector is 82,207 ALL/month and in the...

Cens 2023 needs integrity of the quality of the results

The sole purpose of the 2023 population and housing census in Albania is to take into account every member of the population and their assets. This approach if done according to the description of the methodology gives completely accurate results....

The second demonetization in a few years in India: Effects and lessons for Albania

When the demonetization policy (withdrawal of a currency, banknote, or precious metal from use) was implemented in 2016 in India it took everyone by surprise except the government and the Central Bank (Reserve Bank of India, RBI) [1]. The...

Business immigration, a signal for smart policies and accountability

The migration of businesses is part of the movement of capital where the return and conditions of doing business are or are perceived as better. Businesses in the role of investors have a central role in the management of this...

Investments with public capital, the public debt and influence on the money market

The budget programs for 2023, in their limitation related to the high public debt, as it appears at the beginning of the second 6 months 2023 (64.78% of GDP), despite the mitigating effects with at least 4% in decrease from...

What is meant by the S&P assessment for Albania in September 2023?

The sovereign credit rating is a measure of the government's ability to repay its debts. Like personal credit scores, a high credit score indicates a financial situation with low credit risk and a low score indicates a government that may...

We continue with the fourth survey in two years for public consultation and its participation in the local budget

ALTAX within the MATRA project ""Public monitoring through citizen interaction" supported by the Ministry of Foreign Affairs of the Netherlands under the Dutch development/foreign policy after drafting the new Questionnaire to adapt to the requirements of 2024 and improving it...

The balance of payments shows us that the economy performs poorly and why tourism shows signs of growth

In the latest publication of the Bank of Albania, on September 11, we can see a clearer picture of the balance of payments made for the first 6 months of 2023. These payments summarize the transactions of the government, businesses,...

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