Budget according to Government Functions 2022 planning

Open Data Albania is researching on government expenditures planned for 2022, according to functional classification. Analyzing expenditures by function can show government priorities and challenges, and focus over the years. The data are taken from the accompanying tables of Law no. 115, dated 25.11.2021 for the 2022 Budget. In total, there are ten public functions which are guaranteed by the state. For 2022, about 480…

Five Year Government Expenditure based on Function

In the below article we will examine at the Consolidated State Budget Expenditures in the five-year 2017-2021 period, also breaking it down by Function. Social protection is the function with the highest budget support. Over 31% of total budget expenditure or over 9% of GDP over the years has been spent on providing economic assistance, pensions, unemployment, and disability payments, etc. In total, within five…

Public Debt Stock January 2022, Performance 2000-2022

Open Data Albania is researching the performance of the Public Debt Stock in Albania from 2000 to 2022. Data for this research were obtained from the Ministry of Finance and Economy, the Institute of Statistics, the International Monetary Fund and the World Bank. For 2022, annual data are planned and reported in the Reports of State Authorities. For 2022, the stock of Public Debt is…

Budget Expenditures for the Health Sector, Mandatory Health Contributions and Average Expenditure Per capita 2022

Open Data Albania is analyzing budget expenditure for the Health sector, as outlined in the 2022 budget. If we refer to the functional classification, the Health sector is one of the ten functions guaranteed by the state. This feature includes expenses for: Medical products, appliances, and equipment; Outpatient services (for outpatients – i.e. who do not require hospitalization); Hospital services; Public health services; research and…

Public Expenditure by Function Per Capita, Comparative Analyses Albania versus EU countries

Open Data Albania is researching the distribution of public money based on Functions in the State Budget by comparing per capita expenditures in EU countries and the region. This will display the focus of the Governments to the various functions and sectors, as well as government standards in spending on these functions. Government or Budget Functions aim to guarantee the provision of services such as:…

Budget Revisions during the State of Natural Disasters, 2020-2021

Open Data Albania is conducting a research regarding the State Budget Revisions for the management of two natural disasters: the November 2019 Earthquake and the Covid-19 Pandemic. The purpose of this article is to record these events’ financial effects on the State Budget 2020 and 2021. The data for this article has been retrieved from the Ministry of Finance budget charts, which refer to the…

Export and Import of Electricity in Albania, January – August 2021

Open Data Albania is researching the electricity market indicators in Albania, for the 8-month period January-August 2021. During this period, Albania had a total Gross Export (energy exported) of 2,309,783 MWh and a total of imported energy of 910,122 MWh. The decline in gross electricity exports has started in the first quarter of this year, namely since March 2021, where electricity supply fell by 37%…

Reimbursement of medicines by value and by beneficiary categorization, 2016-2020

Open Data Albania is looking into the value and beneficiary categories of reimbursable for the 2016 – 2020 period. The list of reimbursable medicines and medical devices is one of the important packages funded by the Compulsory Health Insurance Fund. Reimbursement of medicines is realized on the basis of contracts that the Fund has established with pharmacies, using as reference the List of Reimbursable Medicines…

Export and Import of Electricity in Albania, Sales Prices for Households and Businesses 2015-2020

Open Data Albania is investigating the Price, Quantity and Value of Sale and Purchase of Electricity in Albania 2015-2020. For 2020, a total of 5,314,811 MWh of electricity were produced or 2% more compared to 2019. By type, the largest production of electricity comes as a result of hydro sources about 99% and only 1% of electricity is produced from other renewable sources. Despite the…

Anti-COVID Vaccination 19, Administered Doses and Financial Costs in Albania September 2020 – 1 September 2021

Open Data Albania is investigating Anti Covid 19 vaccination in Albania: planning; number of doses contracted; doses administered and applied. The same analysis also reveals State Expenditures for purchase through contracting. Information in this article refers to official publications of the Prime Minister; Ministry of Health and Ministry of Finance and Economy. In order to obtain records on contracting expenses, the analytical team at Open…

90% of the maritime transported goods are processed in the Port of Durrës

Open Data Albania is investigating into the volume of transported goods at Port of Durrës. The need for investigation is related to the decision of the Albanian Government to terminate the existence of Durrës Port as a Merchants Port, transforming its territory into a luxury residential area and a port for vessels for individual use only. The data provided by the Institute of Statistics have…

Disbursement and Value of Sovereign Guarantees for Business Support dealing with the Consequences of Covid 19 Consequences

Open Data Albania is investigating into a new category of contingent liabilities of the Albanian state, such as 2 packages of Sovereign Guarantee for Lending to Businesses Affected by the Consequences of the Covid 19 Pandemic. Through the approval of several legal acts in 2020, the Government has approved a state guarantee line amounting to a total of 26 billion Albanian Lekë or approximately 211…

Origin and Stock of Foreign Direct Investment March 2021

Open Data Albania has updated the stock data of Foreign Direct Investment (FDI) in the Albanian economy. The data are according to the Bank of Albania. Foreign Direct Investment Stock represents the level of Direct Investment at a given point in time.  The stock of FDI represents the value of assets owned by foreigners in the Albanian economy, in the form of capital and net…

Concessions and PPPs as Contingent Liabilities out of Government Balance Sheet, 2020, Albania and EU Countries

Open Data is researching contingent or potential liabilities to the State Budget arising from Contracts and Public Partnership Agreements and PPPs that the Albanian state has with third parties. Contingent Liabilities (conditioned and potential) are recognized in Public Finance as liabilities related to State Guarantees; Concessions classified outside the current government balance; liabilities of Publicly Owned Companies; Problematic Government Debts; Judicial Decisions and Arbitration. Eurostat…