News

The increase of the minimum wage does not affect the automatic increase or decrease of other wages

Minimum wage increases may benefit minimum wage workers, but this increase is not automatically dictated as a wage increase for higher wage workers as well. The first step in monitoring the effects of the minimum wage is to verify whether it...

Albania on the “grey” list with jurisdiction status under increased monitoring

Jurisdictions under increased monitoring[1] are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Since February 2020, when Albania made a high-level political commitment to work with...

The summary “7 Good Practices of Local Government, 2022”

In implementation of the project for monitoring the performance of local government supported by thew Ministry of Foreign Affairs of the Netherlands under Dutch development / foreign policy, ALTAX experts and partners through social audit, have identified and analyzed to...

Albania’s listing as non-cooperative tax jurisdiction and the lack of accountability on the responsibility of fiscal leadership

The EU works to promote and strengthen the mechanisms of tax good governance, fair taxation, and global tax transparency, to tackle tax fraud, evasion, and avoidance. Given the global nature of unfair tax competition, this also means...

The economy grows, lending from banks to citizens falls and uncertainty about the future is great

The increase in uncertainties and concerns over the possible weakening of economic activity with the prolongation of the conflict in Ukraine, have dictated the tightening of lending standards by banks for businesses, as well as the increase in the cost...

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