Finance Minister Petrit Malaj says the 2027 draft budget provides for public spending exceeding €10 billion for the first time. The plan prioritises social welfare, fiscal stability, public investment and reforms linked to European Union integration.
Revenue is projected at ALL 907.9 billion, or around €9.4 billion. The budget deficit is expected to reach 2.3% of gross domestic product, while public debt is projected to fall to 52.4%.
Pensioners will receive a monthly bonus worth twice the current amount from January 2027. The government also plans to bring forward pension indexation from July to April. Social protection spending will reach ALL 279.7 billion, around 30% of total expenditure.
Public investment is projected at ALL 201.5 billion, equivalent to 6.9% of gross domestic product. Education will receive ALL 93.7 billion, while healthcare funding will reach ALL 87.2 billion. The plan also allocates ALL 36.7 billion to public security and ALL 17.9 billion to agriculture.
Defence spending will rise to ALL 76.7 billion, an increase of ALL 7 billion. This would bring defence expenditure to 2.35% of gross domestic product.
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