The business association in the country has asked the Albanian government to lower the price of electricity and water as, compared to the region, Albanian businesses pay twice as much for utilities.

Albania Business President Luan Bregasi declared, that the requests were submitted to the minister of finance, Arben Ahmetaj, to be included in the draft fiscal package for 2019.

Also, Bregasi has proposed a VAT reduction for bread as it is one of the most consumed products in the country.

Regarding the changes proposed by the government, business appreciates the positive but suggests that the higher wage tax should decrease further to increase formalization.

The fiscal package for next year is expected to start discussions in parliamentary committees soon and then to pass in parliament for voting.