The Albanian government has compiled a law on facilities for garment industry businesses for the coming year. 5% of the tax on profits these businesses pay to the government will be paid back to them by a new fund scheme, an amount of 250 million ALL in 2015. The annual fund will be administered by...
Albanian Prime Minister Edi Rama held a speech at the session of International Development Center at Harvard University during his official visit in USA. The speech unveiled the vision of the Albanian government on the economic model that must be followed, the economic and social renaissance of Albania. “We are sure that we do not...
The Albanian government and Czech electricity company CEZ signed the settlement agreement, upon which CEZ company will receive a total of 100 million Euros, that will paid annually until 2018. The signing of the agreement implies that 76% stake in the Distributor System Operator owned until now by CEZ company have returned to the Albanian...
The refunding scheme taken by the Albanian government during 2014 in support to garment industry businesses is showing positive results, since the start of its implementation on April. Minister of Economic Development, Trade and Entrepreneurship Arben Ahmetaj, visited “Naber Confession”, one of the refunded businesses by the governmental scheme. The heads of the company said...
Duties on cigarettes will rise first by 2 lek (0.15 euro cent). This is the second hike in the duties on smoking since the centre-left government of Prime Minister Edi Rama took office last September. “We want to protect the health of citizens who are exposed to smoking and also reduce the rate of smoking,”...
After the adoption of the new national map for the price of land, the government has adopted a decree which predicts financial facilities for the legalization of the informal constructions. Refering to this, the interested persons who need to legalize their buildings aimed at housing, have to pay only 50% of the value of the...
