In a world shaken by global crises, Albania, as a small and open economy, stands in a delicate position: deeply integrated with the European Union (EU), yet still outside its institutional safety net. This summary, based on the in-depth study...
The public investment budget for 2026 is structured around a combination of domestic and foreign funds, primarily supporting infrastructure, energy, and urban/rural projects. The following analysis shows that real priorities are often dominated by the continuation of existing projects, while the...
The 2026 Draft State Budget reflects a careful fiscal approach aimed at maintaining the stability of the deficit and public debt, while directing expenditures toward social and developmental priorities. Compared to previous years, when the government’s focus was primarily on managing...
Over a tense decade, Albania’s public debt experienced a cycle marked by growth, crisis, and stabilization, reflecting the challenges faced by developing countries with limited fiscal capacity. From 72.1% of GDP in 2015, the debt-to-GDP ratio peaked at 74.1% in...
Today, we want to share with you an in-depth analysis of a draft law making waves in Albania: the “Fiscal Peace Agreement.” This proposal aims to “normalize” relations between the tax administration and taxpayers but raises serious questions about fiscal...
The budgets of fiscal years 2025 - 2026 represent a transitional phase for the Albanian economy, moving from the post-fiscal consolidation period toward a sustainable development model oriented toward social goals and fiscal efficiency. The Draft Budget for 2026 is...
Foreign Direct Investments (FDI) have been a driving force for the economic development of Albania and Kosovo over the past two decades, reflecting shared challenges of the post-communist transition, such as the lack of domestic savings and the need for...
A typical day at the foreign exchange offices in downtown Tirana on 28 October 2025 reveals more than any statistical report. While the official euro exchange rate stands at around 96.8 lek, several currency exchange offices in the physical market...
The Albanian government is preparing a new fiscal package set to take effect on January 1, 2026, introducing significant changes to several key laws of the country’s tax and financial system.According to proposals from the Ministry of Finance released to...
The 2025 budget in Albania was changed three times through normative acts: once during the electoral campaign (before May 11, 2025), once in June 2025, and a third time in October 2025. These changes, accompanied by ongoing issues identified by...
