Albanian Chamber of Commerce works on an economic recovery plan

by on 05/03/09 at 3:35 pm

The Albanian Chamber of Commerce and Industry plans to bring in a sort of wide-ranging “tax amnesty” to boost the country’s sagging economy and thereby escape the crisis.

According to the Italian Institute for Foreign Trade (Ice) offices in Tirana, the Albanian Chamber of Commerce and Industry plans to bring in a sort of wide-ranging “tax amnesty” to boost the country’s sagging economy and thereby escape the crisis.

It has also proposed a VAT reduction on products and services in the building sector. According to experts from the Albanian agency, administrative concessions and encouragement for the sector are of fundamental importance, as are incentives for investment in council housing projects by way of structural funds.

In the anti-crisis package proposed by the Chamber of Commerce, there are also incentives for guarantee schemes for Albanian exports.

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