Why is this important: Lowering public debt is a key priority for maintaining macroeconomic stability and reducing vulnerability to external shocks. A steady decline from 64% of GDP in 2022 to a targeted 45% in 2029 would mark one of the most significant fiscal consolidations in the region.

Why is this important: The rating confirmation reinforces investor confidence and underlines that Albania’s economy is on a steady growth path. According to the S&P report, GDP is projected to grow by 3.6% in 2025, driven by household consumption and rising real wages. Tourism is expected to remain a major growth engine, with an average GDP expansion of 3.5% per year forecast for 2026–2028.

Why is this important: The continued growth of remittances provides critical support to household consumption, cash flow, and domestic economic stability. This inflow acts as a buffer for many families against rising costs and sustains purchasing power, while also helping to maintain macroeconomic balance.

Why is this important: The index is a key economic indicator, used in GDP calculations and for planning new construction projects. Rising labor and equipment costs highlight structural pressures in the sector, which continues to struggle with a shortage of skilled workers.

Why is this important: The overhaul aims to end fragmented practices, close illegal dumps, standardize service quality across the country’s 10 waste-management zones, and align Albania with EU environmental rules. Speaking about the scale of the challenge the Prime Minister said: “There must be great awareness first and foremost at the level of all those who are directly connected, by virtue of their duty, with waste. There must be great dedication and there must be an extraordinarily complex organization to involve everyone in this process, but without these this process cannot get across and Albania cannot manage to fulfill its obligation to itself in the first place.”