TIRANA, September 30 /ATA/ Minister of Economy and Innovation Delina Ibrahimaj said today that the government will increase the minimum wage to 50,000 lekë starting in 2026, while the medium-term objective is for the average wage to reach 100.000 lekë within the next four years.
During the conference “Stability and Development through Economy and Innovation”, Ibrahimaj emphasized that this measure is part of a crystal-clear strategy to strengthen human capital and improve economic well-being.
“Human resources are the country’s greatest asset. Increasing wages is essential to retain the workforce in the country and boost productivity”, the minister said.
She also announced that during the first 18 months after the minimum wage increase comes into effect, there will be no increase in taxes or levies, giving businesses and citizens a more stable financial climate.
According to her, Albania is currently in a positive cycle of economic development, which is reflected in the increase in consumption, investment and employment.
The government’s policies will focus on: Increasing employment and supporting the workforce; Promoting entrepreneurship and innovation, especially in the digital and technological sectors; Strengthening the middle class as the foundation of a sustainable society; Investment in strategic sectors such as agriculture, energy, technology and tourism; Improving the business climate to attract foreign investment and increase competitiveness.
The minister underlined the significance of continuing structural reforms, as well as the significance of maintaining fiscal and monetary stability as a basis for sustainable and inclusive development. /e.xh/a.f/r.e/p.s./
