{"id":26242,"date":"2021-11-29T12:52:19","date_gmt":"2021-11-29T11:52:19","guid":{"rendered":"http:\/\/euronews.al\/en\/?p=26242"},"modified":"2021-11-29T12:53:13","modified_gmt":"2021-11-29T11:53:13","slug":"e162-5-mln-in-debt-halt-went-for-investments-and-trials","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/","title":{"rendered":"\u20ac162.5 mln in debt, half chunked by investments and trials"},"content":{"rendered":"<p>Outstanding payments have increased this year, while as of the end of September debt has reportedly reached \u20ac162.5 million.<\/p>\n<p>The government was only able to refund VAT by June, while the biggest debt growth was noted in ministries that had failed to pay trial costs, and public investments.<\/p>\n<p>As of late September, arrears of institutions climbed to a total of \u20ac162.5 million. Debts have grown by over \u20ac14 million compared to June and \u20ac57 million compared to November 2020.<\/p>\n<p>During this time span, VAT refund decreased, while ministries and town halls liabilities have increased.<\/p>\n<p>The majority of arrears are credited to investments, with over \u20ac49 million, in addition to payments on behalf of individuals who have won lawsuits for unfair dismissal, about \u20ac24 million.<\/p>\n<p>Official data from the Finance Ministry indicate that the most indebted institutions are Energy and Infrastructure, accounting for over 50% of the total stock.<\/p>\n<p>Problems are also reflected in town hall finances. According to the Ministry of Finance, in the first 9 months debts climbed to \u20ac60 million, with Kavaja, Tirana, Vora, and Mal\u00ebsia e Madhe topping the list.<\/p>\n<p>A majority failed to repay third parties on due time, claiming that they have inherited part of the debt throughout the years.<\/p>\n<p>The Albanian government has taken efforts to repay these debts, but the pandemic and the earthquake created additional liabilities.<\/p>\n<p>Meanwhile, other institutions such as the Supreme State Audit or Municipal Associations report that the accumulated debt is higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Outstanding payments have increased this year, while as of the end of September debt has reportedly reached \u20ac162.5 million. The government was only able to refund VAT by June, while the biggest debt growth was noted in ministries that had failed to pay trial costs, and public investments. As of late September, arrears of institutions [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":26243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[150,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u20ac162.5 mln in debt, half chunked by investments and trials - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u20ac162.5 mln in debt, half chunked by investments and trials - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"Outstanding payments have increased this year, while as of the end of September debt has reportedly reached \u20ac162.5 million. The government was only able to refund VAT by June, while the biggest debt growth was noted in ministries that had failed to pay trial costs, and public investments. As of late September, arrears of institutions [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-29T11:52:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-29T11:53:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/11\/259823799_261327912695152_6897532782361133522_n-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"930\" \/>\n\t<meta property=\"og:image:height\" content=\"523\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"\u20ac162.5 mln in debt, half chunked by investments and trials\",\"datePublished\":\"2021-11-29T11:52:19+00:00\",\"dateModified\":\"2021-11-29T11:53:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\"},\"wordCount\":243,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/11\/259823799_261327912695152_6897532782361133522_n-1.jpg\",\"keywords\":[\"Kryesor 1\",\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\",\"url\":\"https:\/\/euronews.al\/en\/e162-5-mln-in-debt-halt-went-for-investments-and-trials\/\",\"name\":\"\u20ac162.5 mln in debt, half chunked by investments and trials - 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