Across European countries, governments are taking action to protect their citizens from the cost-of-living crisis that has already pushed many people into disillusion and poverty. The pandemic crisis, the impact of competitiveness from the countries of the region leaving no...
The main source of tax revenue in Albania is value added tax (VAT). The weight of VAT tends to be broadly close to the level of development of the region and is still comparable to that of the Western Balkan...
Albania's ability to increase fiscal support has not changed, although the election campaign does not appear to be taking place in a time of pandemic. Ministry of Finances cannot borrow more. (more…)
The fear of the onset of the financial crisis as a result of the impact of unforeseen disasters is growing day by day. The main thing is that the crisis in the financial system could happen again, but with an...
The government should consider using methods devised by experts who have studied approaches to preventing and coping with the effects of natural disasters. In a broader context, natural disaster risk assessments need to be integrated into the medium-term fiscal policy...
Although the growth of the fiscal burden seems to be the easiest way to narrow the budget deficit, this is not true every time. The main argument is that the fiscal burden is planned to increase/decrease at the same...
Middle income countries have made considerable progress over the past decades. And, with sound policies and strong reform efforts, they will meet the challenges of the future. Further efforts are also needed to ensure that the benefits of high growth are...
The appropriate approach to tax policy could be the income taxes, and best fitted for the short to medium terms it is the personal income taxation. On the other side the corporate income tax need some assistance in administering issues...
The redistributive consequences of economic adjustment following the near recession of 2011- 2013 in Albania have been lately at the center of policy discussions. Social discontent has been brewing even in economies with a positive track record of sustained growth and reductions...
Tax on firms’ profits is the eighth most important factor to bear in mind in an FDI decision, being less important than other factors such as political stability and the host country market size. A result of the study by Simmons was the...
