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The VAT threshold, the reckless policy and the behavior of the administration affect the growth of small businesses

Value added tax (VAT) in Albania, according to tax statistics in 2023, includes 34,767 taxpayers within the scheme, of which 9,450 are taxpayers registered as small businesses.The number of taxpayers with VAT guaranteed the main large source of revenue of...

Average salary indicators in 2023 in the public and private sector and the need for productivity

In the latest publication of INSTAT on average salaries in the public and private sector in the fourth quarter of 2023, it can be seen that the increase in salaries is with a continuous increase, as it happened in the...

Inflation of energy products and food falling in the world and the region at the beginning of 2024

Energy inflation in the OECD has been negative since May 2023 and remained so in 23 OECD countries. However, Türkiye and Colombia experienced energy inflation more than 25% in January 2024.Food inflation in the OECD continued to slow, to 6.2%...

Strategic investments and tax benefits in Albania, 2024

The legislation on strategic investments includes the law on strategic investments, as well as several decisions of the Council of Ministers approved from 2015 to 2023[1], and this set of legal and bylaws constitutes the regulatory framework for attracting foreign...

What can be expected if the implementation protocol of the Agreement for the free labor market between Albania, Macedonia and Serbia will be implemented?

As it has already been presented by the Tripartite Agreement, but also by the political statements of the senior officials of three of the six countries of the Western Balkans, it seems that the political approach of the leading parties...

What would be more efficient to help women heads of families and those in need?

From the beginning of the "Rama 1" government, it seems that there was an attention in terms of financial support for women heads of families, being a political promise and part of the government program. According to this political decision,...

Early withdrawal of pension savings and poor cooperation between parties

Although it is not against the law to withdraw funds invested in pension funds under the individual objective of receiving a pension before the age of over 65, this move is not recommended for two main reasons:First, starting from the...

Defense budget and public-private partnership more effective than experiences to date

After 15 years of membership in the North Atlantic Alliance, in 2024 Albania will for the first time finance 2% of the Gross Domestic Product for the defense sector, set as a condition by NATO for the member countries, the...

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