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Malaj discusses with IMF mission expected changes in tax framework

TIRANA, November 4/ATA/ Albania’s Ministry of Finance has started meetings with the International Monetary Fund team in context of Article “IV”.

Article “IV” of the IMF’s Articles of Agreement provides for the monitoring and evaluation of the economic and fiscal policies of member countries. Through this article, the IMF visits countries, where it conducts meetings and makes assessments analyzing the macroeconomic situation, fiscal and monetary policies, debt and economic risks.

In a post in the social media, Minister of Finance Petrit Malaj emphasized that, “At the opening of the mission, I shared a brief information on the 2026 draft budget, including the promise made for more decent pensions for Albanian citizens, as well as the further increase of the minimum wage”.

Malaj and the head of the IMF Anke Weber also discussed the expected changes in the tax framework, which aim to improve procedures, reduce cash transactions, as well as the scheme to support farmers.

Malaj said that at the end of the mission there will be held a joint press conference. /k.s/a.f/p.s./

 

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