Bank of Albania drafts new regulation on cybersecurity
The Bank of Albania has prepared a draft regulation "On di...

Funds for education will decrease both in relation to GDP and budget expenditures, according to projections in the 2026-2028 medium-term budget.
Albania allocates little funding for education. According to INSTAT, public spending on education in 2022 was only 2.9% of GDP, while this year it is expected to reach 2.4% of GDP and in 2028 it will be only 2.1% of GDP.
This shows that as the economy grows, less funds are allocated to education. The same practice is happening with healthcare.
Education funds are decreasing not only in relation to GDP, but also to total budget expenditures. This year the education budget is 7.5% of the total budget, while in 2028 it will not be more than 7%.
In the Western Balkans, the average expenditure on education in the countries of the region hovers around 3.9% of GDP, which indicates that Albania remains below the level of its neighbors.
On the other hand, the country has a significant lack of infrastructure in schools with dilapidated buildings, a lack of technological infrastructure, and difficulties in providing quality teaching.
The allocation of funds within educational levels also remains flawed. Expenditure on primary education is relatively low (around 1.8% of GDP), while the budget is low for secondary education at around 0.4% of GDP, compared to the average of 2.0% in EU countries.
At a time when the European Union and countries in the region are devoting more funds from their economies to education, Albania is lagging behind and further widening the gap.
The reduction in funding will hinder the increase in the quality of learning, the improvement of infrastructure, and the development of human capital. /Monitor
The Bank of Albania has prepared a draft regulation "On di...
This Thursday, one US dollar will be bought for 82.3 lek a...
The savings and loan association (SLA) market has recorded...
This Wednesday, one US dollar will be bought for 82.7 lek ...
Although in 2024, the Albanian economy has maintained grow...
For many areas of the country, this year the amount of oli...
An analysis of the periodic survey by the Bank of Albania ...
Despite the fact that 83 percent of Albanians are daily in...
Despite the fact that after 2014, with the amendment of th...
This Tuesday, one US dollar will be bought for 82.5 lek an...
Silver hit a new high on Monday as traders placed speculat...
The General Directorate of Taxes has announced that salari...
Home loans continued to grow in October, confirming a low ...
Autumn cultural tours managed to compensate for the declin...
This Sunday, one US dollar will be bought for 82.9 lek and...
This Saturday, one US dollar will be bought for 82.8 lek a...
This Friday, one US dollar will be bought for 82.9 lek and...
The banking sector's net interest income is declining for ...
The insurance market is growing at double-digit rates this...
Vehicle imports into our country are growing rapidly, espe...
CNA has launched another investigation that could lead to ...
Irfan Hysenbelliu is a businessman that we call "Irfan the...
In March 2026, CNA launched another investigation centered...
The arrested mayor of Tirana, Erion Veliaj, with 13 charge...
The Special Board of Appeal (KPA) decided this Monday ...
The KPA vetting decided this Thursday to dismiss the p...
Suela Salavaçi, a prosecutor in the Prosecutor's Offic...
The Special Board of Appeal reinstated the prosecutor ...
A road accident occurred this evening on Nikolla Zoraqi St...
Three people were shot and wounded in Elbasan last night b...
A serious incident occurred this Tuesday in the Yrshek are...
An accident occurred this Tuesday on "Dituria" street in K...
All of Southern Europe will face changing weather conditio...
Albania was hit by temperatures significantly higher than ...
For the first time, Pogradec welcomed the Inter-Lake Chess...
Albania has achieved a record for the employment of foreig...
US Secretary of State Marco Rubio arrived in Manila on Jul...
In the space of a few days, Ukrainian President Volodymyr ...
The spokesman for the Iranian Foreign Ministry warned Bulg...
Autoritetet italiane sekuestruan pako me afër 800 kilogram...
At a time when industrial products are increasingly taking...
Trust among people is not just a three-syllable word. It c...
Master of humor Todi Llupi has passed away at the age of 7...
The ninth edition of "MIK Festival" kicked off with one of...
Construction company licenses will have a validity period ...
The Centralized Purchasing Operator recently opened a tend...
The new draft law "On the Bank of Albania" provides that t...
This Tuesday, one US dollar is bought for 81.2 lek and sol...