Yearly Archives - 2023

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,...

Reorganization or transformation of governing cabinets: What does the people and the economy gain, in the end?

A Cabinet reorganization is when government ministers are moved between ministerial posts. There can be minor changes, such as if a minister resigns and needs to be replaced. In the case of the changes of the governing cabinet at the beginning...

Benefits in the monthly salary for an employee who moves over 100 km from the workplace

In Albania, salary benefits for an employee moving more than 100 km from the workplace are determined by the Labor Code and the employer's internal policies. Benefits and salary increases for an employee moving more than 100 km depend on...

The fiscal autonomy of municipalities has not yet been brought in the right focus

Much of the economic and political benefit of decentralized public finance comes from the ability of local governments to make their own tax decisions. A local government that can determine its own tax bases, tax rates and other characteristics of...

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