public finances

Multi-year performance, challenges and weaknesses of the tax system in Albania (2015–2025)

General trends show nominal growth in tax revenues (from 342 billion to 716 billion, CAGR[1] ~7.7%), but with a decline in 2020 due to COVID-19.The tax burden has evolved from ~23.8% in 2015 to ~27% in 2025 (net...

Albanian economy in 2023 with moderate growth and need for structural reforms

In June 2025, the Institute of Statistics (INSTAT) published the "Supply-Use Tables for 2023," a key document that offers a detailed overview of the economic structure of Albania. This publication is important for analyzing the dynamics of production, consumption,...

Budgetary cost of increasing public sector wages from €1,000 to €1,300

To estimate the cost of increasing the average public sector wage in Albania from €1,000 to €1,300 by 2030, the following methodology can be applied: 1. Cost of the First Reform (€730 → €1,000) According to available data, the increase in public...

Analysis of Public Finance Management and Expenditures in Albania (2014–2024)

The report titled "The Approach to Public Finances and the Consequences of the Politicization of Expenditures" offers an in-depth analysis of public finances in Albania during the 2014–2024 period, focusing on budget expenditures and revenues, fiscal policy, and the impact...

Public Debt-to-GDP trend and fiscal consolidation

Public debt is one of the main indicators of a country’s fiscal sustainability. In this analysis, we will examine the trends of Albania’s public debt in relation to GDP during the period 2014–2024, assessing the impact of budget deficit, revenue...

Primary balance, credit rating agencies and long-term sustainability

According to the definition presented by the OECD[1] for the government's primary balance, the most appropriate explanation is that "The primary balance is the difference between the amount of revenue a government collects and the amount it spends...

In the first 6 months of 2023, there is a lack of responsible analysis of public finances

The revenues collected from the state budget are 319.9 billion ALL with an excess of 13.8 billion ALL from the program. Revenues collected from customs and taxes amount to ALL 270.6 billion. Income from mandatory social and health insurance contributions is 66.3...

Albania’s Future Growth Requires Stronger, More Sustainable Economic Model

Albania’s economic model requires greater investment in people’s skills, firm productivity, sustainability, and public finances, says the new World Bank Country Economic Memorandum (CEM) for Albania, released today. Albania has been severely impacted by the economic shocks which followed both...

error:
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.