Economy & Finance
The big picture
Bank of Albania strengthens measures for non-banking institutions
Foreign direct investments in Albania reach €749 million in first half of 2024
Government approves 4.1% pension indexation
Albania’s SEPA membership: a major milestone in EU integration
Tourism revenue continues steady growth in Albania
Average gross monthly salary rose by 5.9% in second quarter of 2024
All Economy & Finance stories
Albania’s GDP doubled over the past decade
Published on September 10, 2024
Why does it matter?
The doubling of GDP over a decade has far-reaching implications for Albania’s future. This growth has not only resulted in better wages, especially in the public sector, but also in reducing public debt to its lowest levels in recent memory. The broader goal of redistributing wealth more equitably is crucial for addressing income inequality and ensuring that the benefits of this growth are felt by a wider portion of society.
Albania leads region in teacher salaries with 950 Euro monthly average
Published on September 9, 2024
Why is this significant
The increase in teacher salaries in Albania highlights the country’s commitment to improving educational standards and valuing educators. The move reflects broader efforts to improve public administration in every sector by attracting as many professionals as possible.
Ministry announces new national agricultural investment scheme with 50% grant funding
Published on September 6, 2024
Finance Minister Petrit Malaj reports growth in business registrations and jobs.
Published on September 4, 2024
Albanian Government increases salaries for local government employees
Published on September 3, 2024
Why is this significant
The salary reform is a critical step in improving the efficiency and quality of local government services in Albania.