Institutions that have caused the highest economic damage in the procurement area during 2012

The economic damage in the procurement area in 2012 was 444.5 million, marking the highest level in the four last years. For this reason, Open Data Albania has examined institutions that have caused most of it. The institution with the highest damage in procurements for 2012 is the Interior Ministry, with 225.6 million ALL or 50% of the total damage to the sector.  It was due…

Insurance market and ratio of paid claims versus premiums 2006-2012

Open Data Albania has conducted research on the ratio of claims paid by insurance companies against premiums paid under the insurance category. The report is based on data from the Financial Supervision Authority. At the end of 2012, the value of claims paid was 31% of premiums collected by insurance companies. The growth rate of payment of claims has been much lower than the growth…

Rate of insured deposits to total deposits 2004-2012

Open Data Albania has reviewed the rate of insured deposits to total deposits in Albania, based on data from the Deposit Insurance Agency (ASD) for the years 2004-2012. The Deposit Insurance Agency is an institution created based on the law number 8872, as of 29.03.2002 “Insurance of Deposits”. The main purpose of ASD is the insurance and compensation of the deposits of individuals in the…

A comparative analysis of the expenses of the Albanian Road Authority in an election year, February – April 2012 versus 2013

Open Data Albania is analysing data on some transactions executed by the State Treasury in 2013, which coincides with an election year, versus the transactions in the previous year,  2012. The period considered for this research is the quarter February – April 2012 versus the corresponding quarter February – April 2013. The data of the transactions are comparatively explored to identify whether there are differences…

The economic damage caused by the municipalities and communes in 2012

Open Data Albania has looked into the economic damage caused by the administration and use of public funds by the local government, to the State Budget, evidenced by the SSA in the 2012 report. In total, 36 municipalities and 18 communes were audited, which were found to have caused an approximately 401 million ALL damage. Much of the damage identified belongs to two main sectors:…

The accreditation of Higher Education Institutions, 2013

Accreditation can be defined as the process through which credibility, authority, capability and ability can be certified. In the higher education, accreditation is a process that ensures quality, evaluating the compliance of the service and activities of the Higher Education Institution (HEI) or its programs with the standards, a process that takes a very high importance in terms of a market still growing and developing,…

The offer for programs of study by Higher Education Institutions Public and Private

Starting in 2002, the higher education market in Albania is divided between HEIs public and private that offer different study programs in several cycles. Open Data Albania has examined this indicator, reported by the Accreditation Agency for Higher Education (AAHE). Until October 2013, according to the PAAHE there are 1318  study programs in all HEIs. The main burden of these study programs consists in Bachelor…

Number of Higher Education Institutions in years 2002-2013

The high demand for knowledge and university degrees has made higher education market highly dynamic and constantly growing. While public higher education during the past 10-year-old is mainly characterized by a restructuring of the existing Higher Education Institutions (HEIs) more than the opening of entirely new universities, the private higher education institutions (PHEI) appear to have experienced constant growth since 2002, year that brought the…

The accreditation of Higher Education study programs

Public Accreditation Agency for Higher Education (PAAHE) is part of the external evaluation of the quality, effectiveness and efficiency of Higher Education Institutions (HEIs) in the country. Under the Rules of Accreditation, article 10, all HEIs are subject to institutional and program accreditation periodically, in order to ensure provision of quality study programs and comparable with the European standards. Open Data Albania has taken into…

The Interest Rate on Loans and Deposits and Their Difference 2007-2013

Open Data Albania has conducted a research work on the interest rate for deposits and loans in Albania based on data from the Bank of Albania for the past seven years. The loan interest rate is an indicator of the average interest rate for loans granted by commercial banks for different periods. While the deposit interest rate is an indicator of the average interest rate…