Finance Minister Petrit Malaj announced major fiscal reforms through 2030. The reforms will create a fairer, more competitive system. They will align fully with EU standards.

He said economic growth and responsible finance management will raise budget revenues to 10 billion euros by 2030.

“Budget revenues will reach 10 billion euros, increasing 311 million euros annually, mainly from a wider tax base,” Malaj said.

The “Fiscal Peace” plan will relieve citizens and businesses from 2026 to 2030. It will forgive overdue taxes and customs duties. Small businesses will keep a 0% tax rate until 2029. The goal is to boost entrepreneurship and formal activity.

The government focuses on agriculture. Farmers will benefit from new VAT rules aligned with EU standards. They can receive up to 10% VAT compensation on purchases supporting production.

Property tax reform will use real values and updated reference prices. It aims to increase fairness and reduce informality.

Authorities will start a new property reassessment. The tax rate will be 5% for individuals and businesses. The move encourages accurate property declarations.

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