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MFE: Local government revenue estimated at about 2.8 billion ALL

TIRANA, March 20/ATA/- During the first 2 months of 2021, local government revenue are estimated at about 2.8 billion ALL.

Local government revenue comes from the main sources; property, small business tax and local taxes.

In the first 2 months of 2021, local tax revenues are estimated at 2.2 billion ALL, down from 2.3 billion ALL in the same period of the previous year.

According to the report on fiscal indicators published by the Ministry of Finance and Economy (MFE), property tax revenues are estimated at 572 million ALL, down from 576 million ALL collected in the same period last year.

The small business tax revenues amounted to 10 million ALL. Meanwhile, according to government plan in 2021, the local government revenue are expected to reach 25.1 billion ALL. //a.i/

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