Malaj: Financing for Mira Murati does not affect the budget deficit - "Additional income was secured from the confiscation of criminal assets"
The Minister of Finance, Petrit Malaj, during his speech in Parliament, stated that the Albanian government's 10 million euro financing of Mira Murati's company is not expected to affect the country's budget deficit.
"The financial effect was covered by the increase in the same amount, i.e. 1 billion lek, of non-tax revenues in the item 'Revenue from the disposal of confiscated assets', as a result of the transfer to the state budget of revenues collected by the Agency for the Administration of Sequestered and Confiscated Assets (AAPSK/MB), in implementation of the legislation in force, for this purpose."
The head of finance also said that this investment by the Albanian government in the "Thinking Machines Lab" will not only have financial benefits, but can also serve as a model for promoting new start-ups in the country.
"It is necessary to see this investment also from the point of view of longer-term benefits, be they economic, but also of a success story that comes from an Albanian entrepreneur, with an important global contribution in the field of Artificial Intelligence, which can also serve as a model for those young Albanian entrepreneurs who have just launched their start-ups and want to believe in an idea that can turn into a profitable business tomorrow."
In other news, Mr. Malaj said that the value of the company's shares is expected to reach $10 billion if "Thinking Machines Lab" achieves a successful IPO on international stock exchanges, which offers considerable profit potential for Albania.
"Global energy spending at 3.3 trillion USD" - IEA: Two-thirds of investments will go to green sources
Global energy investment is expected to reach a record $3.3 trillion by 2025. Two-thirds of this spending will go to "clean energy" technologies, double the......
Sa kushton një vakt në restorantet shqiptare? - Më shtrenjtë se fqinjët, por më lirë se Europa
Një nga bizneset më të përhapura në Shqipëri janë restorantet. Me rritjen e vazhdueshme të turizmit në vend, ky biznes po bëhet gjithnjë e më i......
Germany cuts corporate taxes - Government approves €46 billion relief package
The German cabinet approved a first tax relief package worth 46 billion euros to support companies and revive the sluggish economy from this year to......
From the community for the community, citizens as volunteer police officers - Who can become part of the auxiliary structure of the State Police?
The decision on the organization and functioning of volunteer policing has been published in the Official Gazette. All interested persons aged 18-65 can......
Dry Lake Road will be rehabilitated - Tirana Municipality opens tender with a fund limit of 1.25 million euros
The road axis leading to the Dry Lake is expected to undergo a complete rehabilitation. The Municipality of Tirana has opened the tender with a limit fund of......
Post-communist neighborhoods with “zero” emissions, the benefits - Green Transition, Bejko: It will not be easy. Ferrero: Chapter 27, challenging
“The transition to zero-emission buildings in post-communist neighborhoods offers significant socio-economic and environmental benefits, including......
Green Card, how much did the price reduction affect premiums? - AMF: In January-April, income from this insurance policy increased by 17%
Despite the fact that we have had a reduction in the price of the Green Card for cars traveling to North Macedonia and Montenegro, this change has not yet......
Producer prices soften, imports slow down the decline/ Energy continues to be the key factor in increasing production costs
According to data published by INSTAT, two main indicators, the Producer Price Index and the Import Price Index, have fluctuated in opposite directions.......
