{"id":33296,"date":"2022-03-23T10:00:51","date_gmt":"2022-03-23T09:00:51","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=33296"},"modified":"2022-03-23T10:00:51","modified_gmt":"2022-03-23T09:00:51","slug":"40-of-albanias-economy-is-informal-says-economy-expert","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/40-of-albanias-economy-is-informal-says-economy-expert\/","title":{"rendered":"40% of Albania\u2019s economy is informal, says economy expert"},"content":{"rendered":"<p>During his interview on Euronews Albania this morning, economy expert Gent Beqiri, 40% of Albania\u2019s economy is informal.<\/p>\n<p>In addition, he said that we aren\u2019t currently in full control of our market economy, seeing that this can\u2019t be done from the office.<\/p>\n<p>The expert also said that the recent state-ordered Transparency Board that is tasked with fixing the price of oil on a weekly and bi-weekly basis, is an example of populist politics.<\/p>\n<p>\u201cThe market should be determined by competition and the competition should be controlled by the government,\u201d \u2013 he said.<\/p>\n<p>Beqiri also underlined that VAT tax includes two-thirds of our government\u2019s revenue, \u201cat a time when our budget is currently running a deficit\u201d.<\/p>\n<p>\u201cIf informality isn\u2019t reduced, the VAT tax can\u2019t be lowered,\u201d \u2013 he said.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During his interview on Euronews Albania this morning, economy expert Gent Beqiri, 40% of Albania\u2019s economy is informal. In addition, he said that we aren\u2019t currently in full control of our market economy, seeing that this can\u2019t be done from the office. The expert also said that the recent state-ordered Transparency Board that is tasked [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":33298,"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>40% of Albania\u2019s economy is informal, says economy expert - 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\/40-of-albanias-economy-is-informal-says-economy-expert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"40% of Albania\u2019s economy is informal, says economy expert - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"During his interview on Euronews Albania this morning, economy expert Gent Beqiri, 40% of Albania\u2019s economy is informal. In addition, he said that we aren\u2019t currently in full control of our market economy, seeing that this can\u2019t be done from the office. 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