Bank of Albania

Analysis of the credit for farmers, its effectiveness, and the context of political elections

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...

Economy and citizen confidence index in May 2024 and the government’s response based on their feelings

According to the Business and Consumer Confidence Survey (BCCS)[1], for the month of May 2024, reported by the Bank of Albania[2], it is stated that "The Economic Sentiment Indicator[3]] in May 2024 marked a...

The distribution of the fiscal burden according to the destination of the budget in Albania 2023

Budget expenditures in 2023 were realized in the amount of 674.68 billion ALL or 3.6% more expenditures from 2022 (23.7 billion ALL more in 2023). Total spending is 29.2% of GDP (Table below) with a decrease of -0.3% of GDP...

What should be the expectations from a combined fiscal and monetary policy regime?

A fiscal policy that focuses on primary surpluses regardless of the stock of real debt, but combined with a monetary policy that ensures interest payments on outstanding debt, is assessed by international financial institutions as not causing debt to grow...

ALTAX presents the summary of economic, and fiscal analyzes “More economy and less political selfishness”

In general, the Albanian economy exceeded the forecasts of domestic and foreign economists for 2023. For 2024, it seems that economists are showing a cautious approach to the forecasts of economic growth declared by the government at the level below...

Current military crises and the tasks of the Albanian economy

The Albanian economy, regardless of the situation outside its borders, is vulnerable, as it has left areas of its sovereignty not to be an influencing factor in cases of outbreaks of military and economic crises. The fact that the oil...

The second demonetization in a few years in India: Effects and lessons for Albania

When the demonetization policy (withdrawal of a currency, banknote, or precious metal from use) was implemented in 2016 in India it took everyone by surprise except the government and the Central Bank (Reserve Bank of India, RBI) [1].The...

Business immigration, a signal for smart policies and accountability

The migration of businesses is part of the movement of capital where the return and conditions of doing business are or are perceived as better. Businesses in the role of investors have a central role in the management of this...

The balance of payments shows us that the economy performs poorly and why tourism shows signs of growth

In the latest publication of the Bank of Albania, on September 11, we can see a clearer picture of the balance of payments made for the first 6 months of 2023. These payments summarize the transactions of the government, businesses,...

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