News

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,...

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...

In the first 6 months of 2023, there is a lack of responsible analysis of public finances

The revenues collected from the state budget are 319.9 billion ALL with an excess of 13.8 billion ALL from the program. Revenues collected from customs and taxes amount to ALL 270.6 billion. Income from mandatory social and health insurance contributions is 66.3...

The study “Economic growth in 2023 challenged by informality and black money” is published

At the beginning of the second 6-month period, after an assessment and ongoing monitoring of the economic situation, but also the positions held by the financial and fiscal institutions, as well as based on the comments and recommendations from the...

Albania strengthened transparency and improved regulation and oversight, but not enough to remove it from the gray list

Albania has improved its measures to combat money laundering and the financing of terrorism (AML/CFT), concludes MONEYVAL in a follow-up report published on June 21, 2023[1]. Albania has made progress in addressing the technical compliance gaps identified in...

A weaker euro is affecting everything and cutting some gains in the country

By far, the euro's biggest obstacle is a single monetary policy that often does not suit local economic conditions. It is common for EU countries to benefit under these conditions. In contrast, others, including Albania, suffer from this discriminatory course...

Tax Systems in the Western Balkans, 2023

"Tax Systems in the Western Balkans, 2023" (in Albanian) is a paper based on the examination of the tax legislation in the practice of 2022 and compared with the report of previous years with the same theme of fiscal policies. This...

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