The Albanian Prime Minister, Edi Rama, addressed the decision to raise the minimum wage today, comparing it to the situation in other nations nearby.
According to him, Albania started “from last place in the area for the level of the minimum wage, but with the current rise we ascended to third place tied with North Macedonia, leaving behind Bosnia and Herzegovina and Kosovo”.
Notwithstanding political promises, Rama announced that two further rises are expected during this mandate, bringing it to 45,000 lek. At the same time, there must be a rise in the average wage by May.
He claims that external factors were not predicted in this increase. “Our electoral goal did not take into consideration Putin’s inflationary battle to economically conquer all of Europe,” he says, adding that any growth outside of the country’s economic productivity is artificial and has destabilizing effects.