
Next year the State Budget will be in the amount of 822.7 billion lek or about 8.2 billion euros. According to official data from the Ministry of Finance, it will be about 4 percent higher than this year's budget and increased by more than 20 percent compared to that of 2022.
But why this increase in the Budget? Where will the income come from? According to estimates, the additional income that will come from the change in tax legislation in 2025 will be about 9.1 billion ALL, or about 90 million euros, according to data from the 2025 draft budget.
The Ministry of Finance asserted that a new fiscal package has not been drawn up for 2025, which will generate additional revenue for the 2025 budget. Among the fiscal policy measures provided for in this budget are tax laws approved in previous packages and that bring effects on income in 2025, as well as income from the effect of budget policies.
First, in implementation of the law on excise duties, regarding cigarettes and tobacco, there is a 2022-2026 calendar regarding the increase of the excise duty level every year. For the year 2025, additional income from the implementation of the excise tax increase calendar is foreseen in the amount of 852 million ALL, as well as 20% VAT on this increased excise amount.
Secondly, in the revenue budget of 2025, it is planned to generate 2 billion additional lek from the implementation of the changes in the law "On gambling and casinos".
The estimated additional revenues include both the national programmed registration taxes of operators that will operate in the field of sports betting, and the revenues from the tax on gambling-online sports betting that will be paid by the entities that will be licensed.
Thirdly, from July 1, 2024, the second budget reform of salary increase in the state administration was implemented. The increase in the salary fund for the state administration has an effect on income from the salary tax and social and health insurance contributions.
For the year 2025, it is predicted that the first 7 months, the effect on income will be 6.3 billion ALL, of which 2 billion ALL are income from salary tax and 4.3 billion ALL are income from contributions.
In the macroeconomic framework for the year 2025, the growth of the Gross Domestic Product of 3.9%, and the price index of 3% is predicted.