expenditure

Reflective analysis of Budget for 2025 and Draft budget for 2026

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...

…to create a resilient fiscal shield to adjust to shocks

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...

Tangible budgetary and economic effects from the Social Resistance Package

In the decision taken today by the Government through the approval of Normative Act No. 3, dated 12.3.2022, has reflected the budget changes for the implementation of the Social Resistance Package. Differently to what we previously calculated, through the government decision...

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