Only a few months after the government’s decision to increase the minimum wage in Albania, the Council of Ministers has decided on a further increase.
Starting from September 1st, 2022, the minimum wage in Albania will be LEK 34,000. This decision affects more than 200,000 employees within the Republic of Albania.
It has also been decided to increase pensions by 9.5%, a decision that benefits about 700,000 retired citizens.
These changes have come as an effect of what is called the “Social Resistance Package”, which is a government initiative to help citizens with minimum wages, or retired citizens, to financially cope with the effects of the current price increase.
For additional information or assistance by our local advisors please contact our Country Executive, Ms. Drilona Likaj, at our Eurofast office in Albania at drilona.likaj@eurofast.eu
Eurofast is a regional business advisory organization employing local advisors in over 21 cities in South East Europe & the Middle East (SEEME). The Organization is uniquely positioned as a one-stop-shop for investors and companies looking for professional services in Tax & Transfer Pricing – Payroll & Employment – Accounting & Compliance – Advisory & Corporate.
Drilona Likaj
Country Executive
Eurofast Tirana
tirana@eurofast.eu