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The Minister of Finance and Economy, Delina Ibrahimaj, has carried out a balance sheet of 2021 in terms of budget figures in the country, where there is a 21% increase in revenues compared to 2020 and an economic recovery, especially in employment sector.
“For 2021, we think that the level of revenues will be around ALL 506 billion, bringing the ratio of revenues to GDP to 28.6%. It is an optimistic indicator for the goal we have, to reach a level of income of 31% of GDP in the medium term“, She said.
According to Ibrahimaj, the trend does not appear clearly if the comparison is made with 2020, as it has been a pandemic year. But, if the comparison is made with 2019, there is again an increase of 11% of revenues.
“This result has come as an influencer of good business performance, but also influenced by fiscalization. Which is a process that has started and is in its final stages“, Said the minister.
In total figures, revenues were closed in advance with ALL 506 billion. While the forecast for next year is expected to lead them to 30% of Gross Domestic Product (GDP).
““The economy has revived and employment has reached the level of 2019”, said Ibrahimaj. “GDP per capita has gone to 661 thousand ALL per capita”.
While, another ambition is to reduce public debt and deficit.
During 2021, a debt reduction to 78.8% is expected. In terms of budget deficit, it is expected to reach 5.4%.
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