The budgets of fiscal years 2025 - 2026 represent a transitional phase for the Albanian economy, moving from the post-fiscal consolidation period toward a sustainable development model oriented toward social goals and fiscal efficiency. The Draft Budget for 2026 is...
Public debt is not inherently negative. It is a financial instrument that governments use to cover the gap between expenditures and collected revenues (taxes, fees, tariffs, etc.). When there is a budget deficit, the government finances itself through borrowing from...
In 2023, the population of the Western Balkans (WB6) is 16.98 million inhabitants from 17.34 million inhabitants two years ago, with a decrease of 2.1% (360,000 people). The biggest decrease is felt in Serbia with 220,000 individuals less, in Albania...
Inflation can affect public finances through multiple channels. It tends to expand tax bases in nominal terms, increasing nominal tax revenues, but it can also increase the cost of government spending, more directly for budget items that are automatically indexed...
