TIRANA, Nov 18 /ATA/ Revenues in excise collections during January-October amounted to ALL 42.4 billion, ALL 6.3 billion or 17.4% more than in 2020, as well as ALL 2 billion or 4.9% more than the excise plan for the 10 month period 2021.
According to official data of the Ministry of Finance and Economy, the increase of fuel imports by 76.3 thousand tons has had a positive impact on excise revenues, or 17.5% more than last year, with an estimated effect on revenues of 3.4 billion ALL , or 18.2%. The increase of cigarette imports by 252 tons or 11.5% more than last year has also had a positive impact with an effect on revenues of ALL 2.3 billion, or 18.1%.
Meanwhile, during the 10-month period of January-October, there was a decline in domestic beer production, which had a negative impact on excise revenues.
Domestic beer production dropped by 122 tons which had an adverse effect on excise by ALL 230 million. Also, the import of liquefied gas is decreasing by about 17.9 thousand tons, or 14.1%, compared to a year ago, with a negative effect on excise revenues by ALL 10.4 million. /j.p/sm/
