Month: February 2012

Expenditures allocated for Public Debt Cost function for 2012 is shown in the graph below: Source: Ministry of FinanceComments and Analysis: Open Data Albania (ODA) Expenditures allocated for Public Debt Cost 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…

The unemployment rate is the ratio between the number of registered unemployed individuals and the individuals currently in the labor force. The labor force refers to the share of the working age population (in Albania from 16 years old to retirement) who are either in a job or actively looking for one. Data by gender concerning the unemployment rate give the distribution between the unemployed…

Open Data Albania has conducted a research work on loans given by banks to the Albanian firms in the last years, based on data provided from the Bank of Albania. The types of loans by purpose of use are divided into categories: real estate, equipment purchases, floating capital and overdraft. • Real estate represents loans for housing or lands purchase, a place where to conduct…

Tax Revenues is calculated from four most important items such as: Value Added Tax (VAT), Income Tax (IT), Excise Tax and Personal Income Tax (PIT). Since the first months of 2009 the forecasted figures for the first three categories of taxes failure to meet their expectations, which was reflected by their level in the revised budget. They were corrected so, by decreasing respectively 2.8 billion…

Water supply and sewerage management sector is characterized by a poor management and even its decentralization has not given the expected improvements. Despite that the level of incomes from year to year has been increasing, still state budget subsidy remains a necessity for its operation, while this sector could be profitable itself.  Source: Water Regulatory Entity (WRE)Comments and Analysis: Open Data Albania (ODA) As can…

Based on the Fiscal indicators regarding consolidated budget, the section of local taxes revenues refers to taxes that are collected and administered by Local Government Units. In the consolidated budget they are grouped in three main categories as follows: Small Business Tax, Property tax and other local taxes[1]. In years these taxes and their fees amount have changed, which is reflected even in the revenues…

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…

Albania Health Insurance Institute (AHII) has had various responsibilities at different times in terms of offering healthcare related services to the population. Based on these functions and responsibilites its budget has also varied. Since the contributions collected for health insurance are very low compared to its expenses, this has meant continuous financing from the government’s budget. Source: Ministry of FinanceAnalysis and Comments: Open Data Albania…

Open Data Albania has conducted a research work on the imports and exports of goods in the South-East European countries, based on datasets provided by the Bank of Albania, the Central Bank of the Republic of Kosovo, and the IMF for the year 2010.In order to enable the comparison between imports and exports of these countries, the data are calculated as a percentage of the…