{"id":44022,"date":"2022-11-17T19:31:26","date_gmt":"2022-11-17T18:31:26","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=44022"},"modified":"2022-11-17T19:31:26","modified_gmt":"2022-11-17T18:31:26","slug":"the-government-collects-500-million-euros-more-albanians-reduce-consumption","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/the-government-collects-500-million-euros-more-albanians-reduce-consumption\/","title":{"rendered":"The government collects 500 million euros more, Albanians reduce consumption"},"content":{"rendered":"<p id=\"tw-target-text\" class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">The government collected 500 million euros more in the first 10 months of this year compared to the same period last year. <\/span><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">Last year, from January to October, the Ministry of Finance reported 3.5 billion euros in revenue, while for the period January-October 2022, the revenue collected exceeded 4 billion euros. <\/span><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">The increase in prices is the main factor that has directly influenced the increase in VAT collections.<\/span><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">The pace of growth in receipts through September generally reflected the level of price growth, indicating that consumption did not fall.<\/span><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">However, the data for the month of October show that the income increased by 18 million euros, or 4.5 percent compared to October last year, at a time when inflation in October was 8.3 percent. <\/span><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\"><span class=\"Y2IQFc\" lang=\"en\">The figures suggest in this case, that in October Albanians reduced their consumption as a reflection of the increase in prices.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government collected 500 million euros more in the first 10 months of this year compared to the same period last year. Last year, from January to October, the Ministry of Finance reported 3.5 billion euros in revenue, while for the period January-October 2022, the revenue collected exceeded 4 billion euros. The increase in prices [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":44023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The government collects 500 million euros more, Albanians reduce consumption - 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\/the-government-collects-500-million-euros-more-albanians-reduce-consumption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The government collects 500 million euros more, Albanians reduce consumption - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The government collected 500 million euros more in the first 10 months of this year compared to the same period last year. Last year, from January to October, the Ministry of Finance reported 3.5 billion euros in revenue, while for the period January-October 2022, the revenue collected exceeded 4 billion euros. 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