In complementing policies to minimize the informal economy in Albania, improving tax revenue collection, but also in terms of adapting tax legislation in line with latest technological developments, in particular the
The tax share to GDP from oil and gas extractive industry account in a variable percentage from 1.4% to 1.5%.
The payments of taxes and social contributions to govern budget revenues account in an average of 7.7% of tax and
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 WB
Fiscal revenues collected by countries applying progressive taxation (Albania and Croatia) compared to the countries applying flat taxation (Kosovo, North Macedonia, Montenegro, Serbia, Bosnia and Herzegovina) are seen to have a
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
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