On the eve of May 11, the government curbs spending even though more money is being put into the budget

Nga Marjo Brakaj
2025-03-20 15:48:00 | Ekonomi

On the eve of May 11, the government curbs spending even though more money is

In the first two months of the year, over 117 billion lek were entered into the state budget. The main contribution to this performance was made by prices and profits of individuals and businesses. On the other hand, the government seems to be showing more stinginess in spending, although on the eve of May 11.

Mainly from prices and profits of individuals and businesses, in the first two months of the year, over 117 billion lek entered the state budget. Data from the Ministry of Finance show that compared to the first two months of last year, receipts have increased by 13 billion lek or 12.5 percent.

On the eve of May 11, the government curbs spending even though more money is

Despite subdued inflation, a full 22.5 billion lek was collected from the value-added tax on food and product prices, 3.5 percent more than a year earlier. (Chart 2) The increase in individual salaries also contributed 13.5 billion lek from 10.5 billion in January-February a year earlier.

On the eve of May 11, the government curbs spending even though more money is

"This is good news for the state budget, but not for citizens and businesses. The latter are paying more. We lack an analysis that can see how much evasion and informality have narrowed. Through them, we could also measure the overall performance of policies," expert Eduart Gjokutaj told A2 CNN.

On the other hand, the government seems to be more stingy with its spending. In the first two months of the year, 93.8 billion lek were spent on investments. Compared to the period January-February 2024, spending has expanded by 12 percent, but they were only realized at 92.8 percent of the plan.

On the eve of May 11, the government curbs spending even though more money is

"It must be carefully analyzed. Why have the investments not been realized? This is a problem. It is not a cure but a lack of efficiency by the institutions," declared expert Eduart Gjokutaj.

Revenues significantly exceeding expenditures caused the country's economy to close positively in the first two months of the year, with over 10 billion lek saved. (A2 Televizion)

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