Blog

The economy and employment must be driven by a political model based on inclusiveness

The Albanian economy and labor market experienced a weak employment recovery after the COVID-19 pandemic, unlike the recovery experienced by EU member states. A look at the performance of the EU economy shows that after contracting by -5.9% in 2020, the...

Inflation, consumption, economic growth and impacts in 2024

In the January 10, 2024 publication of the consumer price index (inflation) for December 2023, it is noted that its rate in December 2023 is 4.0% compared to the previous year. In December 2022, the inflation rate was 7.4%. The...

Influencing sectors of economy at the GDP of 2023: Be careful with the remodeling of the new economy

According to the latest INSTAT publication on national accounts [1], “The Gross Domestic Product (GDP) in the third quarter of 2023 is estimated to increase by 3.46%, compared to the third quarter of 2022. The following branches of economy...

Our economic analysis for 2024: More economy and less political selfishness

As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....

Why do food prices increase every end of the year?

Have food prices increased? Absolutely yes, although this rise in agri-food prices occurs at least as an inevitable market event at the end of every December. But at the end of 2023, the price increase comes...

The Albanian budget for 11 months 2023 is like a double-edged sword

The state budget for the 11th month of 2023 results in a surplus[1] and this reality shows at first glance that the government's finances are being managed effectively. This budget surplus comes from the realized income at the...

Public administration wage increases vs. The motivation to be corrupt

The government is implementing new measures to link its workers' compensation to compliance to tackle corruption with a clear focus: no company or person is above the law. This refreshed approach aims to prevent corrupt relationships primarily with businesses, before they...

Performance indicators for public administration, political patronage and action plan adopted to fight corruption

In the implementation of the reform, the government in these 10 years[1] has aimed, according to the strategy for the administration[2], to strengthen performance indicators in addition to technology. In its history, the DPA (alb. DAP) under the...

Digitization or e-government and the impact on the fight against corruption

One of the instruments to increase the potential for corruption is e-government, or in other words the digitization of public services. For this mechanism, an average of 2% of the value of public investments has been invested every year in the...

The economy should have the same focus as the Reconstruction program

Immediately after the 2019 earthquake, the government committed a good part of its budgetary and human resources[1],  specifically creating a ministry for reconstruction[2]. According to the Minister, "In these 30 years, it is the first time...

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