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MoF: Budget revenues reach ALL 484.6 million in seven months, up 11.8%

 

TIRANA, Aug 25  /ATA/ State budget revenues rose to around 484.6 billion lek in the first seven months of 2026, marking an 11.8% increase, or about 51.1 billion lek, compared with the same period last year.

The Finance Ministry said revenue collection reached 100% of the target set for the January-July period.

According to preliminary fiscal performance data, revenue collected by the Tax and Customs authorities reached 307.9 billion lek, up 7.3% from January-July 2025.

Net domestic VAT revenues were a key driver of the increase, reaching 49 billion lek, up 25.1% year-on-year.

Meanwhile, personal income tax revenue rose 17.3% to 56.6 billion lek. Corporate income tax revenue reached 34.6 billion lek, while national tax revenues amounted to 25.6 billion lek.

Revenue from Special Funds, including social security and health insurance contributions, reached 117.6 billion lek, up 13.4% from the same period in 2025.

Meanwhile, revenue collected by the customs administration reached 142 billion lek, up 3.8% from the first seven months of last year. Within this category, VAT revenue from imports stood at 94.4 billion lek, while excise duty revenue reached 40.5 billion lek.

Government spending reached 433.2 billion lek in the first seven months of 2026, equivalent to 98.2% of the period’s planned expenditure and up 7.8% from the same period a year earlier.

Capital expenditure reached 49.1 billion lek, up 10.1% from a year earlier, while current expenditure stood at around 384.1 billion lek, an increase of 7.5%.

According to the Ministry of Finance, preliminary fiscal data for the first seven months reflect the performance of revenue collection and public spending during 2026.

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