TIRANA, Oct 29 /ATA/ – The government expects budget revenue to reach 907.9 billion leks (about 9.4 billion euros) in 2027, equivalent to 30.9% of gross domestic product (GDP), Finance Minister Petrit Malaj said on Thursday.
Revenue from taxes, customs duties and social and health insurance contributions is projected to rise by 7.6% from the expected 2026 level, Malaj said as he presented the draft 2027 budget to the Conference of Chairpersons.
The revenue projections are based on expected economic performance, inflation, new fiscal measures and improvements in tax and customs administration, he said.
Budget revenue is forecast at around 843.1 billion leks, or 30.2% of GDP, in 2026, Malaj said.
The 2027 estimates for tax, customs and insurance contribution revenue take into account expected collections for 2026, historical revenue trends and macroeconomic forecasts, he said.
The projections also factor in economic growth and inflation, new fiscal and budgetary policies, the impact of previously introduced measures and additional revenue expected from the implementation of the Medium-Term Revenue Strategy, Malaj added.
“The 2027 revenue plan supports the Finance Ministry’s objectives of increasing revenue through improved tax and customs administration, financing key government reforms and budgetary investments, and keeping the budget deficit and public debt under control,” he said.
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