The state budget for the 11th month of 2023 results in a surplus[1] and this reality shows at first glance that the government's finances are being managed effectively. This budget surplus comes from the realized income at the...
Between 2016 and 2020 exports and imports from the Western Balkans increased by 4.4 billion and 3.9 billion euros respectively, despite the decline in 2020 due to the COVID-19 pandemic. In 2020, the trade surplus was 7.9 billion euros. The economies...
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...
According to Report about Tax Burden 2022 from ALTAX, in 2022, on average in the Western Balkans region, governments generated revenues to the extent of 34.8% of GDP. This represents a percentage like the level raised in OECD countries...
Tax and non-tax revenues in the budget in 2022 in relation to the internal production of the Region for 2022 for each of the 7 regions in Kosovo are presented in table 36. The tax burden is a product of the...
According to Report TB 2023, The tax burden is the product of the revenues collected by the central tax administration and the customs administration, from the revenues from the local government, as well as the receipts for social and health...
Comparing the size of incomes between the economies of the Western Balkans and the EU reveals the challenges faced by each group of countries. Economies in the Western Balkans region have a small income base that hampers governments' capacity to...
The GDP of the Western Balkans in 2022 is calculated to have increased by an average of 3.75% with a decrease from the previous year with 4.75% or 1.4 times less average growth. Per capita income in 2021 in the...
In the publication of the draft budget 2023, the Ministry of Finance and Economy in a section of the report that accompanies the fiscal statements of the budget also clarifies the methodology and the effect on the budget of tax...
The latest publication of the Monetary Fund (World Economic Outlook, April 2022)[1], which follows the publications by the World Bank and the European Bank for Reconstruction and Development show an even darker situation of the economy, through the...
