Economy
The big picture
Minister of Health presents ‘historic’ 2025 budget amidst opposition criticism
Minister of Health and Social Protection, Albana Koçiu, unveiled the 2025 budget proposal for her ministry in front of the Parliamentary Committee on Economy and Finance. The budget, set at...
KESH and Masdar sign agreement to boost renewable energy in Albania
The Albanian Power Corporation (KESH) and Masdar, a global leader in renewable energy, also known as the Abu Dhabi Future Energy Company, have signed an agreement to establish a joint venture company...
Albanian Development Fund to launch major urban regeneration project
The Albanian Development Fund (ADF) is set to initiate a national investment project aimed at urban regeneration in Albania’s four main regions. The project will target densely populated villages and peripheral or...
Albania’s 2025 budget faces opposition protests
Albania’s 2025 draft budget, the largest ever at 8.2 billion euro, is set for a marathon two-day parliamentary session on November 18-19. The opposition Democratic Party, which recently returned to Parliament after...
Albania allocates 20% increase to budget for foreign affairs in 2025
The Ministry for Europe and Foreign Affairs has announced a historic budget of 3.8 billion lekë for 2025, representing a nearly 20% increase from 2024. The Minister presented the budget and outlined the strategic...
Albania’s cultural sites see 1.2 million visitors in 2024, up 34%
From January to October 2024, Albania’s cultural sites welcomed 1,229,195 visitors, marking a 34% increase compared to the previous year. Minister of Economy, Culture, and Innovation, Blendi Gonxhja, announced these figures, noting that 61%...