Immediately after the 2019 earthquake, the government committed a good part of its budgetary and human resources[1], specifically creating a ministry for reconstruction[2]. According to the Minister, "In these 30 years, it is the first time...
As shown in the World Economic Outlook a few days ago, while the world has shown remarkable resilience, the recovery from the shocks of recent years is slow, below its potential and uneven. Growth is slow, because at 3-4 percent,...
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...
A Cabinet reorganization is when government ministers are moved between ministerial posts. There can be minor changes, such as if a minister resigns and needs to be replaced. In the case of the changes of the governing cabinet at the beginning...
In the draft law approved by the Albanian government on June 16, 2023, there is already a concrete proposal[1] for the Assembly of Albania to approve the discourse on the cultivation, production and controlled circulation of the cannabis...
In the Eurozone, the government wage bill accounts for almost a quarter of total government expenditure and about 10% of GDP, so it is important from a macroeconomic point of view[1]. In Albania, the government wage bill...
The size and composition of public wage expenditures should have generated debate on many issues that are included in this topic starting with the size of government, the fiscal implications of higher public wage expenditures, its impact on inclusive growth,...
"The annual change of the consumer price index in March 2023 is 5.3%, a year ago this change was 5.7%", quoted from the March bulletin on CPI [1] from INSTAT. When we look at an indicator like inflation, which...
In this current economic background, inflation in Albania rose to the highest levels in decades. Initially, the higher inflation was seen as transitory, reflecting increases in relative prices for a small number of items affected by the pandemic. But inflation...
Relationships in the economy and our daily lives are becoming even more complex, as unprecedented long-term challenges are emerging, such as rising inequality, escalating political bias and instability, autocracy, social exclusion, and a non-visionary policy of using the growing innovative...
