As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....
The private apartment market in the country has stalled in recent months. Buying a new apartment in Albania, but especially in Tirana and cities where there is a lot of construction, is a difficult task and is particularly challenging. The biggest...
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,...
At the beginning of the second 6-month period, after an assessment and ongoing monitoring of the economic situation, but also the positions held by the financial and fiscal institutions, as well as based on the comments and recommendations from the...
Tax reform can increase the overall size of the economy. If considered well-consulted and measured, where the commonality of the reform is the change accepted by most stakeholders, the reform sets the economy on a new growth path without further...
"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...
The International Monetary Fund (IMF) in spring projections estimates that economic growth in Albania should achieve to 3.7 percent this year (2019) from 4.2 percent in 2018. But, by the Ministry of Finance and Economy (MoFE), the economic growth projection, based...
