Gross Domestic Product (GDP) in the OECD grew by 0.5% in the third quarter of 2023, at the same pace as the previous quarter. In the G7, quarterly GDP growth rose to 0.6% in the third quarter, from 0.4% in the...
An investment in which no profit is generated, or less profit is realized than programmed is considered a bad investment. But an investment that also produces negative effects on taxes and fees, as well as budget costs from waste and...
A challenge and result of all the challenges of increasing public initiative through citizen participation[1] is the low participation of citizens and especially of interest groups in hearings on the budget. To illustrate this challenge, we take the case...
The dialogue between administrators and citizens is a useful mechanism for increasing accountability in contested areas was one of the central topics in the meeting with representatives of the Gjirokastra Municipality, the Municipal Council, but also civil society and local...
The local budget 2024, which is drawn up every year based on the income from public money, determines the projects and services that will be offered to local citizens and businesses. Expenditures in 2023 in Diber Municipality are mainly allocated to...
Education is an investment in the future as it brings numerous economic and social benefits to individuals and societies. Usually measured in relation to a nation's wealth, expenditure on education comes from public budgets, but it includes funding from individual...
The share of GDP that goes to health remains above the pre-pandemic level of 8.8%, even if in 11 OECD countries, in 2022 it is expected to have fallen below pre-pandemic levels in 2019. According to the OECD Statistics database...
The 2024 Municipal Budget is an initiative that serves as a technical opposition approach on our part and a reflection of the citizen voice based on our Social Audit methodology for local government, which ALTAX experts presented at the beginning...
Contractionary monetary policy (contraction economic policy) is now the most popular method of controlling inflation. The purpose of a contractionary policy is to reduce the money supply within an economy by raising interest rates. This helps slow economic growth by...
Albania has trade relations with the entire world, but it has important trade relations with European countries, with the USA, as well as with Asian countries. Due to completely different tax systems (as in the case of the USA or...
