pensions

Social analysis of Poverty and Well-Being in Albania, 2024

In Albania, nominal income growth and positive macroeconomic indicators have not automatically translated into improvements in citizens’ everyday lives. Public policies, including increases in minimum wages, pensions, and social assistance, aim to protect the minimum living standard and reduce poverty, but...

Between income growth and declining living standards in Albania (2023–2025)

On the surface, Albania appears to be experiencing economic improvement. Wages have risen significantly, and official statistics report increases in nominal incomes. However, a closer analysis of the 2023–2025 period reveals a more complex reality. Growth on paper does not...

Purchasing power, inequality, and the sustainability of living in Albania (2023–2025)

The analysis for the period 2023–2025, based on INSTAT data and studied by ALTAX’s simulated economic development scenarios, provides a clear picture of the internal tensions shaping Albanian household economics. At first glance, incomes and expenditures appear in a...

A budget that exceeds the plan, but does it serve the citizen?

The latest figures from the Ministry of Finance show an unusual reality for Albanian public finances. Budget revenues for the period January–August 2025 have exceeded the plan by over 69 million euros. At first glance, this is a significant achievement. But...

The vote of May 11th and the awakening of the Economic Voter – The challenge of promises on Pensions and Wages

In May 11, 2025 elections marked a paradigmatic shift in the electoral behavior of Albanian citizens. For the first time, as highlighted by the Altax analysis, economic voters dominated the political scene, placing material interests and personal well-being at the...

Analyzing social support in Albania and comparison with the Region and the European Union

According to an in-depth analysis conducted by ALTAX experts on social support in Albania, it has become evident that the current social support system in the country requires substantial improvements to meet the standards of the European Union (EU) and...

What should the priorities of the 2025 budget be?

Strategic considerations Equality: Ensuring that government spending benefits all segments of society, especially marginalized and disadvantaged groups. Sustainability: Focusing on long-term goals and the environmental, social and economic sustainability of investments. Efficiency: Ensuring that funds are used effectively, minimizing waste and maximizing value...

The government’s dilemma between the demographic challenge vs. reforming the pension scheme

All governments, in one way or another, try to meet the needs of aging people who can no longer provide for themselves. Albania, as a developing country, tries to grow the economy, its citizens meanwhile face difficult issues of how...

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