The business sector in Albania says that tax policies applied
by the government upon the request and approval of the International Monetary
Fund in the past two years, have not been able to sustain the economic growth
that everyone was hoping for.
Konfindustria, the largest business organization in Albania,
says that the agreement between Albania and IMF, crowned at the start of 2014,
has manifested signs of failure in the collection of planned revenues. Gjergj
Buxhuku, administrator of Konfindustria says that “IMF has a clear
responsibility for the failure of tax and financial policies”.
He adds: “By not issuing an official reaction on
the 2015 macro economic data which do not appear to be good, IMF, which has
been present in the recent days in Albania, quietly admitted the problems with
the budget, which have come as a result of the unfair tax policies followed so
Konfindustria says that this conclusion is based on the weak
economic growth, performing below expectations in 2014 and in the
first six months of 2015.
“8 billion ALL less collected in taxes and customs for the
first six months of 2015, show a poor taxation performance of the country”,
Konfindustria has repeatedly warned that the tax packages of
the past two years approved by the government and IMF, which are based on tax
increases, do not suit the Albanian economy and will generate negative
consequences on the sustainable development of the country.