Open Data Albania has conducted a research on 10 municipalities that have received the highest unconditional transfer during 2004-2012. The following chart gives a clearer picture of the funds attained from the State Budget through years for the municipalities of Berat, Durres, Elbasan, Fier, Korce, Kamza Lushnje, Shkodra, Tirana and Vlora. Source: Ministry of Finance Comments and Analysis: Open Data Albania (ODA) Municipality of Tirana…
Privatization
Privatization is the process of transfering the ownership of a public company, agency, service or asset into the hands of the private sector. The revenues generated by this process are referred to as privatziation revenues. According to the international functional classification (COFOG-Classification of the Functions of Government), which is used to create the fiscal table of the Consolidated Budget, these revenues are not part of…
Unconditional transfer from the State Budget for the Municipality of Tirana
Municipality of Tirana is the main beneficiary of the funds allocated by the State Budget for Local Government Units in the form of Unconditional Transfer (UT). Over the years, this municipality attained at least 2-3 times more UT than the second most financed municipality. The following chart provides an overview of the performance of UT for Tirana Municipality through the specific formula that distributes UT…
Budget for education during 1995-2011
Financing education falls into the “joint responsibilities” of the central and local governments, therefore the funds used to finance education come from the Central Budget, Local Budget, non-budgetary revenues such as community of parents or taxes for various services. Having said that, the main source of financing is the Central Government. This is the reason why the scope of this article is the analysis of…
Region’s Unconditional transfers from the State budget
A part of unconditional transfer given from the State Budget to local government is administered by regions. Round 98-99% of these funds, are used to finance the most important functions of regions, while the other part is used for supporting special situations. The amount allocated to each region is determined by a specific formula, which has four elements and each of them has a certain…
Albania toward the region countries and EU in terms of education expenditures as a percentage of GDP
This comparative analysis ranked Albania towards the region countries and even European Union in terms of education expenditures. It gives a clear picture of the weight of revenues that each state invests in education sector. Source: Data for all countries except Albania: Euro statWorld Bank, Ministry of Finance, Bank of AlbaniaComments and Analysis: Open Data Albania (ODA) Cyprus is the country that invests more of its…
DataRow – Region’s Unconditional transfers from the State budget
Unconditional Transfer for the regions Berat, Fier, Elbasan, Korçë in .000 Lekë ALL is shown in the graph below: Source: Ministry of FinanceAnalysis and Comments: Open Data Albania Unconditional Transfer for the regions Kukës, Shkoder, Tiranë, Durrës in .000 Lekë ALL is shown in the graph below: Source: Ministry of FinanceAnalysis and Comments: Open Data Albania Unconditional Transfer for the regionsVlorë,Gjirokaster, Diber, Lezhe in .000…
Cost of public debt in the period 1993-2011
Cost of debt is the amount of interest paid to obtain a loan. In circumstances where the revenues are not sufficient to cover the total expenditures of a budget state is a normal process of financing the deficit by using debt. Depending on the type of debt (internal or external) is made even the separation of interests in internal or external. Source: Ministry of FinanceData…
Expenditures allocated for “Agriculture” function for 2012
Expenditures allocated for “Agriculture” function for 2012 is shown in the graphic below: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) Budget allocated to every program related to the “Agriculture” function for 2012 by percent is shown graphically as folllows: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) All the information is presented in the dynamic table below: Source: Ministry of…
Cost of public debt compared to fiscal indicators and GDP in the period 1993-2011
To create a clearer idea of how much costs the amount of interest paid to the budget state, it can be compared to some other fiscal indicators and GDP. 1.Cost of public debt vs. capital expenditures and Personnel expenditures Source: Ministry of FinanceData for 1993-2010 are facts figures Data for the 2011 are forecasts taken from the consolidated budget of this yearComments and Analysis: Open…
Expenditures allocated for Transport and Public Works function for 2012
Expenditures allocated to Transport and Public Works function for 2012 is shown in the graph below: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) Percent of Budget allocated to every program related to “Transport and Public Works” function for 2012 is shown graphically as folllows: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) All the information is presented in the dynamic…
The population of Tirana during 2001-2009
Tirana is one of the most targeted cities by the Albanians for living. During the years it has been very welcoming for inhabitants of other districts, but in the same time many others have leaved. However, the number of residents’ growth rate in the capital has always been growing. Source: Municipality of TiranaProcessing and comments: ODA The years 2003-2005 marked the highest increase, by 4.8%…
Expenditures allocated for Entertainment and Culture function for 2012
Expenditures allocated for Entertainment and Culture function for 2012 is shown in the graph below: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) Budget allocated to every program related to “Entertainment and Culture” function for 2012 by percent is shown graphically as folllows: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) All the information is presented in the dynamic table below::…
Expenditures allocated for Health function for 2012
Expenditures allocated for Health function for 2012 is shown in the graph below: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) Budget allocated to every program related to “Health” function for 2012 by percent is shown graphically as folllows: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) All the information is presented in the dynamic table below: Source: Ministry of FinanceComments…
Fluctuations of Total Revenues and Expenditures in the Consolidated Budget during 2009
Budget is a financial plan of all revenues and expenditures which are presumed to be executed within a period of one year. As a compass it helps to orientate and to organise the operations of each government unit responsible for accomplishing every objective set. As plan, during its preparation process budget is based on forecasts and that is a reason why it changes during the…