At the end of 2025, the media reported a story that shocked public opinion in Albania. A Spanish citizen, Álvaro Romillo Castillo, known as “CryptoSpain,” was arrested in Spain for a cryptocurrency pyramid scheme that defrauded thousands of people and caused...
Money laundering is a phenomenon that has a noticeable impact on sectors such as construction and real estate, especially in economies that do not have strong control and transparency mechanisms. In Albania, where the construction sector has been prone to informal...
Money laundering is a serious issue that has had a profound impact on the Albanian economy and those of the surrounding region. It stands as a major obstacle to sustainable economic development and fiscal stability. Criminal activities such as drug...
During the months of the 2024 summer season, the Ministry of Finance, with the aim of "improving financial reporting in accordance with international standards and good practices, with the support of the World Bank (WB), presented for public consultation
Inward flows of remittances have grown rapidly in recent years, with an average growth rate in the last 3 years (2021-2023) of 10.5% and dominate all other annual financial flows from sources abroad. Despite these trends, which began to increase...
In general, the Albanian economy exceeded the forecasts of domestic and foreign economists for 2023. For 2024, it seems that economists are showing a cautious approach to the forecasts of economic growth declared by the government at the level below...
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...
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...
The budget programs for 2023, in their limitation related to the high public debt, as it appears at the beginning of the second 6 months 2023 (64.78% of GDP), despite the mitigating effects with at least 4% in decrease from...
Strengthening tax compliance and domestic revenue mobilization has been a priority of Albanian fiscal policy for at least over a decade. Although the vision has been adapted for an increase in the compliance model in function of a healthy environment for...
