Why is this important: The Deputy Governor emphasized that demographic and economic shifts make the pension system unstable and unsustainable. “Population aging is a long-term social concern, and we have flagged the instability of the pension scheme,” Minxhozi stated. She stressed the importance of redesigning the system to align with EU standards, ensuring sustainability and economic growth. The Bank stands ready to contribute ideas but does not propose direct solutions. Failure to act, Minxhozi warned, could hinder economic development in the medium term.

Why is this important: The arrival of Shell’s premium fuel products and services in Albania marks a significant milestone, bringing globally recognized energy standards to local consumers. The partnership is set to enhance the Albanian energy sector, offering quality and sustainability in fuel services.

Why is this important: The discussions are critical in understanding how Albania is navigating economic challenges, especially concerning inflation, monetary policy, and banking sector health. The IMF’s positive feedback underscores confidence in Albania’s financial governance.

Why is this important: The budget represents a historic financial commitment to healthcare and social protection, marking a 2025 focus on expanding services, improving working conditions for healthcare professionals, and investing heavily in hospital infrastructure. However, the opposition claims the budget falls short, particularly in reducing out-of-pocket expenses for citizens.

Why is this important: Albania already generates 100% of its electricity from renewable sources, primarily from three large hydropower plants in the north built during the communist era. Partnering with Masdar, known for its global expertise in renewable energy, aligns with the Albanian government’s ambitious goal to become a regional leader in electricity production within the next decade.