Albanians have great potential to become a regional hub for the production of goods, but to achieve this objective, several strategic factors need to be addressed. These factors include improving infrastructure, promoting supportive economic and fiscal policies, developing human resources,...
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...
The informal economy is important to the formal economy because if its size is formalized year after year, this would potentially affect economic growth, but it would also increase government budget revenues and as a result improve social welfare. In an...
There are a number of important issues related to wage tax policies that deserve careful attention. Any decision affecting payroll tax should have in-depth transparency and inclusiveness from the initial policy-making processes, based on in-depth studies of consequences and effects....
As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....
At the beginning of the second 6-month period, after an assessment and ongoing monitoring of the economic situation, but also the positions held by the financial and fiscal institutions, as well as based on the comments and recommendations from the...
The sharp tightening of monetary policy has often caused financial stress or even crises, especially in developed economies, but also in developing countries. Because of higher credit and currency risks, global investors have typically pulled out quickly when interest rates...
Lending has started to decline in 2023, although expectations are for a recovery in the following months. This impact is expected as long as credit has become more expensive and this cost of commercial banks should remain short-term, otherwise the...
In this current economic background, inflation in Albania rose to the highest levels in decades. Initially, the higher inflation was seen as transitory, reflecting increases in relative prices for a small number of items affected by the pandemic. But inflation...
