Albania holds a potentially competitive position compared to its neighbors in several areas, yet it still faces numerous challenges that must be addressed to enhance its competitiveness at the regional and international levels.Despite efforts to improve its economic and political...
Tax Freedom Day is a symbolic event marking the moment when an individual has paid enough taxes to cover all tax obligations for the year. After this day, the income that individuals earn is considered "free" from taxes. This concept...
The government's program, coordinated with the Bank of Albania to open a credit line of 25 billion ALL in support of agriculture and related sectors, such as low-interest lending and sovereign guarantees, is an important and necessary measure. However, it...
For Albania’s 2025 budget, the government plans to allocate 822.7 billion lek (approximately 8.2 billion euros), focusing on key areas such as health, infrastructure and education. Here is a breakdown by key institution.Ministry of Health. 80.7 billion lek (810 million...
Informality in Albania refers to the part of the economy that operates outside formal regulations, taxes, and labor laws. This includes unregistered businesses, undeclared income, and informal employment.The informal sector has become significant in Albania, contributing to tax evasion, unfair...
Informality in Albania: Approaches to Overcoming It Based on Experience (in Albanian) is a study supported by ALTAX, as a policy document and with a roadmap approach through examples and presentation of experiences over three decades. This document is...
Minimum wages have a positive and significant effect mainly on formal sector wages. However, this does not appear to have any significant effect on informal sector wages. By studying the effect on workers working in the informal sector, it is...
In the analysis of the distribution of the tax burden according to the name of taxes and fees (including taxes and fees that are divided between the central and local governments) we notice that the tax burden is to a...
The legislation on strategic investments includes the law on strategic investments, as well as several decisions of the Council of Ministers approved from 2015 to 2023[1], and this set of legal and bylaws constitutes the regulatory framework for...
According to the latest INSTAT publication on national accounts [1], “The Gross Domestic Product (GDP) in the third quarter of 2023 is estimated to increase by 3.46%, compared to the third quarter of 2022.The following branches of economy...
