During the decade 2014–2025, the Albanian economy has experienced a fluctuating growth trajectory, starting from a slow recovery after the global financial crisis, a rapid acceleration until 2018, a drastic decline in 2020 due to the COVID-19 pandemic, and a...
ALTAX & Consulting introduces to the Albanian market an innovative financial management model: the “Fractional CFO” service, designed for companies seeking high-level expertise, flexibility, and cost reduction, without the need for a full-time chief financial officer. Essence of the modelThe model...
In a period when the world is facing geopolitical tensions, rising trade barriers, and rapid technological transformations, a new analytical study emerges as a call for reflection and action for Albania and Kosovo. Both countries, though small in size,...
Governments periodically resort to tax and penalty forgiveness packages to reduce the administrative burden, clear old debt stock, and help taxpayers regularize their fiscal position. The current package follows the same logic, because it aims to clean the system from...
The increase of the minimum wage from 40,000 to 50,000 lek, with an additional 10,000 lek per employee per month, and the government support for 9 months through covering the difference in contributions, creates a situation where businesses face a...
Some of the main measures proposed in the 2026 fiscal package are as follows: No general increase in taxes or new taxes is planned for 2026. Increase in the minimum wage: from around 40,000 lek to approximately 50,000 lek per month starting...
The 2026 Draft State Budget reflects a careful fiscal approach aimed at maintaining the stability of the deficit and public debt, while directing expenditures toward social and developmental priorities. Compared to previous years, when the government’s focus was primarily on managing...
Over a tense decade, Albania’s public debt experienced a cycle marked by growth, crisis, and stabilization, reflecting the challenges faced by developing countries with limited fiscal capacity. From 72.1% of GDP in 2015, the debt-to-GDP ratio peaked at 74.1% in...
A typical day at the foreign exchange offices in downtown Tirana on 28 October 2025 reveals more than any statistical report. While the official euro exchange rate stands at around 96.8 lek, several currency exchange offices in the physical market...
The Albanian government is preparing a new fiscal package set to take effect on January 1, 2026, introducing significant changes to several key laws of the country’s tax and financial system.According to proposals from the Ministry of Finance released to...
