albania

Fiscal indicators of the state budget for 2023 according to a civil expertise insight

Some time ago, our experts analyzed the preliminary indicators of the state budget for the 11th month of 2023[1] and we considered the budget performance in the face of some risks that can be considered in an annual...

Do political/military alliances influence trade flow and the economy?

Alliances matter in predicting trade outcomes because governments align trade policies with national security interests and businesses consider political relationships between states when assessing risk[1]. States and businesses not only consider political relationships and alliances when forming international trade,...

How prepared are Albanians for the problems of replacing one payment system with another more advanced one?

Physical currencies have been the mode of economic transaction for thousands of years. Today, payment systems are becoming increasingly cashless. In the European Union (EU), one in five of all daily purchases in 2022 were made online and one third...

ALTAX presents the research that answers the question of who is responsible for the fight against informality in Albania and how is it being fought?

Focusing on the need for effective governance to directly support the business climate and inclusive governance approach is the ultimate aim of the research material "Who has the duty to fight informality and how are they fighting it?" (alb.) The...

New publication from ALTAX for construction and tax treatment in Albania, updated

After monitoring the progress of the tax and regulatory legislation for construction, as a process and as a salable product in the Albanian market, our experts drafted a material processed from data and online legal publications, from the processing of...

Imports and exports of 2023, the effect on the economy and the indicators that have influenced the overvaluation of the Lek

In our economy, imports of goods in 2023 are 1.98 times higher than exports [1]. This ratio has increased by 3% compared to 2022. Albanian consumers are used to seeing products from every corner of the world in their...

Employment rates and unemployment in the third quarter in the OECD, the EU and BP6

The OECD employment and labor force participation rates stabilized at 70.1% and 73.8% in the third quarter of 2023, the highest levels recorded since the series began in 2005 and 2008, respectively. Both indicators were close to their record levels...

The economy and employment must be driven by a political model based on inclusiveness

The Albanian economy and labor market experienced a weak employment recovery after the COVID-19 pandemic, unlike the recovery experienced by EU member states. A look at the performance of the EU economy shows that after contracting by -5.9% in 2020, the...

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