The normative act is passed, the government provides 10 million euros for "Machine Thinking Lab"!
The Minister of Finance, Mr. Petrit Malaj, presented today to the parliamentary committee on Economy and Finance the normative act no. 3, dated 29.04.2025, "On some amendments and additions to law no. 115/2024 "On the 2025 budget".
This first revision of the 2025 budget, approved on April 29, 2025 by the Council of Ministers, reflects in the annual budget only a change in the revenue and expenditure item, which ensures the allocation of a fund of 1 billion lek to the Ministry of Economy, Culture and Innovation.
The fund has been allocated to MEKI in its capacity as the sole shareholder of the Albanian Investment Corporation, to finance the Albanian government's participation in the startup "Machine Thinking Lab".
During his speech, Minister Malaj emphasized that such an investment should also be seen from the perspective of longer-term benefits, be they economic, but also of a success story that comes from an Albanian entrepreneur with a significant global contribution in the field of artificial intelligence.
"This investment should not be seen simply as a financial commitment, but as a strategic opportunity to build Albania's technological future, to position our country as a reference point for innovation in the region and beyond, as well as to create a more advanced economy, connected to global knowledge and capital markets," said Malaj.
The Albanian government's goal, the Minister further said, is to follow contemporary models and increase the inclusion of Artificial Intelligence (AI), following the example of other countries.
On the other hand, the Minister pointed out the fact that the normative act keeps the budget deficit intact, which after the above changes in revenues and expenditures, continues to remain at the level of around 68 billion lek, as approved in the initial 2025 budget.
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