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Social protection to receive 30% of Albania’s 2027 budget spending

Albania plans public investments of ALL 201.5 billion in 2027, equivalent to 6.9% of gross domestic product. Social protection and education will also receive substantial funding under the draft budget. Presenting the 2027 draft budget, Finance Minister Petrit Malaj said capital expenditure would average around 6.6% of gross domestic product …

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Environment ministry offers grants of up to €10,000 for adventure tourism businesses

The Ministry of Environment has opened a public grant call for small and medium-sized enterprises under the ASCEND project. The programme has a total fund of €80,000. Environment Minister Sofjan Jaupaj said the initiative aims to support businesses that promote sustainable adventure tourism and showcase natural and protected areas. He …

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Albanian Superliga: Vora and Elbasani Win, Skënderbeu and Laçi Draw

Vora and Elbasani claimed important victories on Tuesday as the ninth round of Albania’s Abissnet Superliga got underway. Meanwhile, Skënderbeu and Laçi shared the points after a 1-1 draw. Vora beat Vllaznia 2-1 at home in a closely contested match. Kashari opened the scoring in the 16th minute, while Daka …

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Qatari-backed partnership targets $2 billion in investments in Albania and Kosova

Strategic Group and Qatar-based Ocean B Holding have signed a strategic cooperation framework targeting up to $2 billion in investments in Kosova and Albania. Under the agreement, Ocean B Holding has authorised Strategic Group to represent its investment interests across the region. The mandate also covers Montenegro, North Macedonia and …

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Korça attracts autumn tourists as New Year bookings begin

Korça continues to welcome groups of foreign tourists in autumn, with its traditions, local cuisine and hospitality drawing visitors from Albania and abroad. Tourists are visiting the city’s main attractions and exploring its streets. Tour operator Eriketa Koçollari said foreign groups from around the world continued to visit the city …

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Equinoxe Europe Brings International Screenwriting Experts to Albania

Durrës has become a meeting point for screenwriters and filmmakers from across Europe, as Albania hosts the international Equinoxe script development programme for the first time. The National Center of Cinematography said the programme has more than 30 years of experience in developing film scripts through professional guidance and collaboration …

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Albania’s 2027 budget doubles pension bonuses and disability payments for children

Albania’s 2027 draft budget will double monthly pension bonuses from January 1, while increasing support for children with disabilities and families in need. Finance Minister Petrit Malaj presented the measures at the Conference of Chairpersons. Pension indexing is scheduled for April 2027, with around ALL 1.35 billion allocated for the …

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Finance minister presents Albania’s 2027 draft budget to parliamentary leaders

Finance Minister Petrit Malaj presented Albania’s 2027 draft state budget and fiscal package at the Assembly’s Conference of Chairpersons. The meeting is expected to set the timetable for parliamentary discussions and approval. The Democratic Party did not attend, saying its lawmakers had not received the supporting documents needed to review …

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2027 fiscal package raises dividend tax and cuts value-added tax on basic goods

Finance Minister Petrit Malaj presented the 2027 fiscal package at the Conference of Chairpersons. He said the proposed changes would have a neutral overall effect. The package aims to redistribute income and protect vulnerable groups and the middle class. The plan rests on 3 principles: income redistribution, greater tax fairness …

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Albania allocates ALL 76.7 billion for defence, 2.35% of gross domestic product

Albania plans to allocate ALL 76.7 billion to the Ministry of Defence in 2027, including ALL 7 billion in additional funding. The allocation will bring defence spending to 2.35% of gross domestic product, reflecting Albania’s commitments as a NATO member. Presenting the 2027 draft budget at the Conference of Chairpersons, …