How was the budget "cake" divided in 7 months? - Investments increase by 84 million euros, payments for economic activities decrease
The state budget spent nearly 4 billion euros in the first 7 months of 2025, marking an increase of 518 million euros compared to the same period a year earlier.
Referring to an analysis conducted by "ALTAX", total expenditures until July increased by +14.9% compared to 2024, maintaining a deficit of 32.6 billion lek, nearly 40% lower than a year ago, but still challenging for fiscal stability.
But how has the budget pie been divided in these months?
Significant increase in capital expenditures +25% compared to 2024, with a focus on domestic financing (+44.2%), despite the contraction of foreign financing (-8.1%).
Specifically, 419 million euros went to investments, with an increase of 84 million euros compared to January-July 2024. Even in relation to the plan for the period, an increase of 12.2% is recorded.
It is also noted that this period had a strong focus on state personnel with spending on salaries and social contributions, which reached +19.4%, reflecting formalization and support for employees.
Specifically, a total of 728 million euros were spent on salaries, up from 609 million euros spent in the same period a year earlier.
"Altax" highlights that there is a weakness in local financing with -7.9% less funding than planned for municipalities, which lose the potential to exploit tourist flows and invest at the local level.
It is also noted that the self-limitation of social support, where unemployment payments, economic assistance and birth bonuses have fallen compared to the plan and last year, is a worrying signal for the direction of social policies. The budget disbursed for this item reached 142 million euros, a decrease of 15 million euros compared to the same period a year ago.
The deficit is at the projected level, but immediate spending requires maximum rigor to maintain economic balance.
The analysis concludes that the "Rama 3" government ends with a budget profile that prioritizes infrastructure and the formalization of the administration, but with significant social and local costs.
While the "Rama 4" government that is expected to be formed soon will find the budget burdened with capital investments, but a daily concept where municipalities and the weaker sections require greater budgetary care and fairer balancing.
Over 13 thousand phytosanitary certificates for the export of plant products - Minister Denaj: Increasing standards and agricultural exports
The Minister of Agriculture and Rural Development announced in a post on social networks that during the period January-June 2025, 13,611 phytosanitary......
Germany's business climate unexpectedly improves to highest level in 15 months, but economic outlook remains weak
The business climate in Germany improved in August, reaching its highest level in more than a year. However, the economic outlook remains weak, with slow......
EU aims for agreement with Mediterranean partners - Pact foresees removal of trade barriers, adaptation to the European market
The European Union is seeking to reach a strategic agreement with several countries in the Mediterranean region. The pact aims to remove trade barriers and......
January-June 2025, Kosovo emigrants sent 651 million euros - Over 21 million euros more than the same period last year
The Kosovo diaspora has sent back to their homeland over 651 million euros in the period January-June of this year. This value is over 21 million euros more,......
In July, 1.3 million passengers traveled by air - The main destinations were Italian cities such as Milan and Rome
On a typical day in the second month of summer, nearly 43,000 passengers passed through Tirana Airport, arriving or departing for a new destination.......
"Croatia, a model for the Balkans' integration into the EU" - German minister emphasizes Zagreb's key role in membership negotiations
The EU accession process for the Western Balkan countries has encountered obstacles over the years. German Foreign Minister Johann Wadephul is seeking to......
Trump fires Federal Reserve governor - Decision escalates battle between executive branch and Fed
US President Donald Trump has decided to fire Federal Reserve Governor Lisa Cook, accusing her of irregularities in mortgage loan reporting. This is the......
Card withdrawals, 150 new ATMs installed - BoA: Around 95% of ATMs in the country only offer cash withdrawal services
Commercial banks are increasingly expanding their ATM network in the country. Currently, there are a total of 1,214 ATMs in Albania for transferring,......
