structural reforms

From the devaluation of the euro to a National Export Strategy, 2026 – 2036

At the beginning of 2026, the euro has fallen to historically low levels against the lek (96.5–96.7 lek), producing a contradictory situation for the Albanian economy, where on the one hand macroeconomic stability and low inflation are presented at the...

What happened with the approval of the 2026 Budget?

Yesterday’s plenary session concluded the formal process of approving the 2026 Budget, with the governing majority securing the necessary votes without difficulty and without engaging in a meaningful debate on the structural issues the budget entails.The total value of the...

Innovation and better Resource Allocation

In an effort to contribute to development and the improvement of living conditions in Albania, ALTAX has prepared an in-depth analysis of the challenges and opportunities for the country’s economic growth. The article examines the key factors that can influence...

From ‘BB-‘ to ‘BB’: What lies behind Albania’s new Credit Rating?

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...

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...

Analysis of Public Finances before and after 2013

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...

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