Albania is rated as one of Europe’s richest countries in onshore hydrocarbon reserves, relatively up to 220mn barrels and 5.7bn cubic meters of natural gas. According to Albanian Energy Association (AEA), Albania is estimated to have reserves up to...
The redistribution of budget revenues reflects the level of taxes for the expenditure on money transfers to the working age population and not just. It also aims at achieving personal income tax revenue progressively through revenue levels and the orientation...
In 2018, the Western Balkans are characterized by fiscal policies that are focused on the stability of the tax rate, the slight decrease in the rate of social contributions, and its rise to VAT in the case of Montenegro. The...
Measuring the fiscal burden shows the effect of how good / bad tax policy meets one of the primary goals, increasing revenue while maintaining the equality of taxpayers in the burden they bear. On the other side, the policy should aim at the...
Fiscal Freedom in Kosovo arrives on the 98th day of this year, in April 2019, or 5 days after arriving in Albania. This year the celebrations begin two days later than last year. The Fiscal Freedom celebration goes to Kosovo...
Economic activity has continued to grow at a healthy clip, led by domestic demand, which is expected to continue in 2019. Growth is expected at 4 percent in 2018, led by public investment, consumption, and services exports, financed by continued...
Middle income countries have made considerable progress over the past decades. And, with sound policies and strong reform efforts, they will meet the challenges of the future. Further efforts are also needed to ensure that the benefits of high growth are...
An IMF mission, led by Stephanie Eble, visited Pristina during October 17-October 30 to conduct the 2018 Article IV consultation discussions. According to the conclusion after the visit of this mission, Kosovo has continued to experience robust growth over the last year,...
Australia drops GST-free levy on small goods, and requires non-resident e-commerce companies to register if over the threshold of AU$ 75,000 per annum Bahamas raises VAT to 12% The introduction of Polish Split Payments Hungary introduces live VAT invoices reporting Aruba raises...
A bigger number of Balkan countries have sustained the economic stabilization and gone on to complete a modernization driving sustained, inclusive growth. Albania, Serbia and Macedonia now are at the point where they have a chance to follow this route...
