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15-10-26
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Denaj: Local finances to support integrated investments

TIRANE, 23 mars/ATSH/- “The model and governing vision of this majority is oriented towards integrated investments in all sectors such as: agriculture, infrastructure, education, healthcare and culture. This is the model that brings development.”

Minister of Finance and Economy, Anila Denaj, while speaking at the SP electoral congress on the panel “Municipalities we want” said that in 5 years of socialist government, public expenditures have increased by 31.8% and the total of public investments by 38.4%. For the third year in a row, the 2019 budget continues to support the administrative-territorial reform and decentralization.
Speaking about the most important measures, Denaj cited approval and rigid adherence to law on finances of local government which is increasing and stabilizing the financing of municipalities, reform on real estate tax with establishment of specialized structures and creation of fiscal cadastre which will have a direct impact on increase of local government revenues.

In 2019 budget, local government will see an increase of 11% in financial resources or nearly ALL 5 bn more than in 2018. Revenues in local taxes and fees for 2019 are estimated to reach over ALL 3.8 bn higher than those of 2018 or 21% more than last year and over 90 percent higher than in 2015.”

The 2019 draft budget also prioritizes the reform for financing of pre-school education. For next year, the fund for salaries of kindergarten teachers will increase 9.1% as compared to 2018.
Denaj underlined that vocational education and training are a real alternative and the right track for young men and women as well as for adults aiming for re-qualification and re-integration in the labour market.
/gj.mima/ /a.g/sm/

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