Dividend taxation as a key fiscal policy element in Albania and its long-term effects on the economy and capital market.Dividend taxation is a key component of fiscal policy in Albania and has undergone significant changes over the years. For the...
Standard & Poor’s decision to upgrade Albania’s credit rating from “BB-” to “BB” represents an important development for public finances and capital markets. On the surface, this signals an improvement in macroeconomic stability, debt management, and confidence in the country’s...
The increase of the average wage from 75,025 ALL at the end of 2023 to 83,401 ALL in the fourth quarter of 2024 is a significant development that has attracted wide attention. This wage increase, amounting to 8,376 ALL more...
The zero-value banknote theory is an extreme scenario in which currencies such as the euro, the dollar, or other national currencies completely lose their value due to a monetary crisis, uncontrolled inflation, or mismanagement of financial policies. This phenomenon is...
This analysis addresses the expected developments and trends of the Albanian economy during the 2026–2028 period, comparing them with the 2022–2024 period and offering a deep perspective on the successes and weaknesses of economic and fiscal policies.The analysis covers various...
The analysis of the main problems inherited in Albania’s public finances before 2013 highlights a series of complex and intertwined challenges, which negatively impacted fiscal sustainability and the country's long-term economic development.The increase in public debt and the lack of...
ALTAX comes with a new political-economic paper where it presents historical statistical facts from the year 2000 until today on the sustainability of the public debt, which is considered a key element in this paper, based a lot on the...
Budget expenditures in 2023 were realized in the amount of 674.68 billion ALL or 3.6% more expenditures from 2022 (23.7 billion ALL more in 2023). Total spending is 29.2% of GDP (Table below) with a decrease of -0.3% of GDP...
Serbia's economic growth accelerated in the second half of 2023, bringing GDP growth for the year to 2.5%, thanks to a better-than-expected performance of the agriculture and construction sectors, and a strong sector recovery of energy, after the crisis of...
In 2023, the population of the Western Balkans (WB6) is 16.98 million inhabitants from 17.34 million inhabitants two years ago, with a decrease of 2.1% (360,000 people). The biggest decrease is felt in Serbia with 220,000 individuals less, in Albania...
