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Rama in the Assembly: Pensioners are the focus of this budget and mandate

2025-11-19 12:06:00, Politikë CNA

Rama in the Assembly: Pensioners are the focus of this budget and mandate

Prime Minister Edi Rama was present today at the plenary session where he spoke about the budget for 2026. Rama stated that the main focus of this budget and mandate are pensioners.

He also stressed that the government's position has not changed that until 2029, small businesses will not pay profit tax. The Prime Minister further said that Albania has the highest level of VAT-free business in all of Europe.

"In the meantime, this budget is a historic budget for the Socialist Party, because for the first time it addresses in a significant and sustainable way through a medium-term financial commitment of 1.7 billion euros the increase in pensioner support, and the good thing about this work that always comes in our favor is that words are fleeting, facts remain, and in the meantime, what people hear from the podium or from the tables of this parliament have the opportunity to confirm in the months and years to come, as everything we have said has confirmed. So the more it is said that we are not increasing pensions, the more pensioners will be convinced that there is no other alternative in the Republic of Albania for them and their grandchildren except the Socialist Party of Albania. We continue with Social Protection.

Social Protection today reaches 257 billion lekë with this budget or an increase of 11.6 billion, which in other words is 116 million euros. This amount for Social Protection, while on the one hand poverty decreases, on the other hand unemployment decreases, is more than double the protection that Albanians had when we took office.

Furthermore, pensioners are the main focus of this budget and will be the main focus of this mandate, but without forgetting those who continue to be in the economic assistance scheme, without forgetting beneficiaries such as people with disabilities, and without forgetting the necessity for a new approach and a new impetus in terms of housing, while remaining loyal to all young families, with the continuation of the baby bonus.

On the other hand, we are today in another year, with another budget and another fiscal package, but we remain faithfully steadfast in our position, that until 2029, small businesses will not pay profit tax and to those who talk about poverty and who talk about unemployment and who talk about taxes, I want to tell you that Albania has the highest level of business without VAT in all of Europe. Up to 100 thousand euros of turnover, businesses do not pay either profit tax or VAT, while up to 140 thousand euros they do not pay only profit tax and at this point we are without question, not only much higher in the entire region, in support of small business, but sometimes it suffices to tell you that the VAT threshold for small business in the neighboring country, North Macedonia, is 16 thousand euros", said Rama. /CNA





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