Finance minister presents 2027 draft budget to parliamentary finance committee
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What happened
Finance Minister Petrit Malaj submitted and presented the 2027 draft budget to the parliamentary Committee on Economy, Employment and Finance, with 907.9 billion lek in planned revenue and 976.1 billion lek in planned expenditure.
Why it matters
The budget has entered the legislative review stage, creating a defined process for amendments, criticism of spending priorities, and government defense of its fiscal plan. Because the draft includes security-sector pay and defense spending, committee handling will show whether the cabinet can keep fiscal discipline while protecting politically sensitive outlays.
Finance Minister Petrit Malaj presented Albania's 2027 draft budget to the parliamentary Committee on Economy, Employment and Finance on November 5, setting projected revenue at 907.9 billion lek and expenditure at 976.1 billion lek. The draft includes higher spending tied to police pay measures and defense commitments. The move shifts the budget from executive drafting into parliamentary scrutiny, where opposition lawmakers and organized interests have a formal venue to contest allocations and deficit management before plenary approval.
Watch for
Parliament of Albania Committee on Economy, Employment and Finance publication of the next hearing agenda for the 2027 draft budget by 2026-11-12 Finance Ministry release by 2026-11-12 of detailed 2027 budget tables or explanatory note on police pay and defense allocations Parliament of Albania posting by 2026-11-12 of any committee vote, amendment text, or rapporteur report on the 2027 budget bill No public notice by 2026-11-12 of a committee vote date for the 2027 budget, signaling a slower review timetable
Sources
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