On Fiscal Policy in Albania and the Region and its impact on economic growth

📘 The study “On Fiscal Policy in Albania and the Region and Its Impact on Economic Growth” presents a detailed analysis of how tax incentives and fiscal policies have influenced economic development in Albania and the Western Balkans.

🛠️ Key Issues Addressed in the Study:
➡️ The role of tax exemptions in strategic sectors such as tourism, renewable energy, and agribusiness.
➡️ Experiences of regional countries like North Macedonia, Serbia, Kosovo, and Croatia in implementing fiscal policies.
➡️ The benefits and challenges associated with low tax rates and fiscal exemptions.
➡️ The Medium-Term Revenue Strategy (MTRS 2024–2028) as an approach for sustainable economic and fiscal growth.

💡 Key Highlights:
✅ Tax policies have helped attract foreign direct investment (FDI), especially in the energy and technology sectors.
✅ Tax exemptions have improved economic growth in some sectors but have created challenges for fiscal sustainability.
✅ Albania remains in an intermediate position between business-friendly policies and the need for reforms in tax administration.

🔍 Study Objective:
To identify the steps Albania should take to strengthen its fiscal system and align tax policies with sustainable economic development. 📅 For more information on this study and recommendations for the future, follow ALTAX and stay informed!