Albanians pay 39 million euros for property revaluation - Malaj: Figures for only two months. Very high expectations
In just two months, the state budget has collected around 3.9 billion lek from the real estate revaluation process, since the implementation began in March. This progress has been described as positive by the Minister of Finance, Petrit Malaj, who stressed that expectations by the end of the year are very high.
"The revenues generated in just 2 months from the revaluation process reach 3.9 billion lek or (40 million euros), which proves the high interest of citizens in this process, while also contributing to the increase in budget revenues. Therefore, taking into account the fact that in the last revaluation process, in 2022, the collected revenues were 5.6 billion lek, we predict that the revenues from this item, at the end of the revaluation process, will be even higher."
The Minister also focused on the process of compensating farmers with 10%, emphasizing that so far there are approximately 6.5 million euros to be reimbursed.
"There is an increase in the number of invoices issued by collectors or processors and so far the potential amount for compensation to farmers reaches around 6-6.5 million euros."
Regarding the overall performance of the economy, the Minister emphasized that in addition to the significant increase in tax and customs revenues, business turnover has also increased by 133 billion lek or 1.4 billion euros more than the same period a year ago. The growth is supported by three sectors, services, construction and trade.
When will pension indexation start? - Malaj: We are considering the possibility of bringing it closer to June-July
Pension indexation can be done within the months of June-July, without waiting for October as stipulated in the law. Minister of Finance, Petrit Malaj,......
Today is the deadline for applications for Fiscal Peace - The procedure takes place online through the "e-filing" system
Today is the last day for taxpayers to meet the legal requirements and apply for the Fiscal Peace Agreement, a procedure that takes place online through the......
The week ends negatively for foreign currencies – Euro, Franc and Pound weaken significantly
The US dollar closed this week stable, not experiencing significant fluctuations in its value compared to the previous day, as it was bought this morning at......
Minimal increase in production costs/ Index does not signal strong inflationary pressures
Production costs in the economy have marked a very slight increase in the first quarter of 2026. According to INSTAT data, the Producer Price Index reached......
CEFTA: Regional countries push towards fully electronic procedures and faster customs clearance
The Albanian Customs Administration participated in the 31st meeting of the CEFTA Subcommittee on Customs and Rules of Origin, held in Sarajevo, where......
Albanians, less convinced about competition in the Balkans/ Only one in three Albanian businesses believes they compete with the region
Only 36% of companies in Albania state that they fully agree that their products, goods and services can compete successfully with those of other economies......
Underground electrical substation in Tirana - Guarantee agreement for the 22.5 million euro loan, in the Parliament
The 22.5 million euro loan that will finance the construction of the 110/20 kV underground substation in the center of Tirana will be state-guaranteed, as......
Transparency Board publishes new fuel prices, diesel up to 192 lek/liter
The Transparency Board has approved the new fuel sales prices in the domestic market, which entered into force this Friday, June 5, 2026, at 1:00......
