{"id":770515,"date":"2025-11-10T13:49:00","date_gmt":"2025-11-10T12:49:00","guid":{"rendered":"https:\/\/www.hashtag.al\/?p=770515"},"modified":"2025-11-10T13:49:00","modified_gmt":"2025-11-10T12:49:00","slug":"bsh-nevoje-per-disipline-fiskale-me-shume-te-ardhura-dhe-fokus-tek-investimet","status":"publish","type":"post","link":"https:\/\/www.hashtag.al\/index.php\/2025\/11\/10\/bsh-nevoje-per-disipline-fiskale-me-shume-te-ardhura-dhe-fokus-tek-investimet\/","title":{"rendered":"BSH: Nevoj\u00eb p\u00ebr disiplin\u00eb fiskale, m\u00eb shum\u00eb t\u00eb ardhura dhe fokus tek investimet","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

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Banka e Shqip\u00ebris\u00eb shprehu sot nj\u00eb opinion pozitiv p\u00ebr projektbuxhetin e vitit 2026, duke vler\u00ebsuar sidomos mbajtjen e nj\u00eb deficiti t\u00eb ul\u00ebt buxhetor dhe projeksionet p\u00ebr uljen e borxhit publik.<\/span><\/p>\n

Z\u00ebvend\u00ebsguvernatorja e par\u00eb, Luljeta Minxhozi, tha t\u00eb h\u00ebn\u00ebn n\u00eb Komisionin Kuvendor p\u00ebr Ekonomin\u00eb, Pun\u00ebsimin dhe Financat, se ky kah i politik\u00ebs fiskale ndihmon n\u00eb ruajtjen e stabilitetit makroekonomik, rrit besimin e investitor\u00ebve vendas e t\u00eb huaj, krijon m\u00eb shum\u00eb hap\u00ebsira p\u00ebr zgjerimin e sektorit privat, si dhe rrit fleksibilitetin e reagimit t\u00eb politik\u00ebs monetare.<\/span><\/p>\n

\u201cS\u00eb pari, Projektbuxheti i vitit 2026 ruan nj\u00eb hap\u00ebsir\u00eb t\u00eb konsiderueshme p\u00ebr investime publike. K\u00ebto investime, t\u00eb projektuara n\u00eb nivelin 6.5% t\u00eb PBB-s\u00eb, b\u00ebhen t\u00eb mundura nga vlera pozitive e balanc\u00ebs korrente, apo \u2013 me fjal\u00eb t\u00eb tjera \u2013 e diferenc\u00ebs midis t\u00eb ardhurave dhe shpenzimeve korrente, n\u00eb nivelin 4.3% t\u00eb PBB-s\u00eb.<\/span><\/p>\n

Si nj\u00eb vend n\u00eb zhvillim, Shqip\u00ebria ka nevoja relativisht t\u00eb m\u00ebdha p\u00ebr investime n\u00eb infrastruktur\u00ebn publike, investime t\u00eb cilat kan\u00eb ndikim pozitiv n\u00eb produktivitet dhe rritin potencialin e zhvillimit t\u00eb vendit. P\u00ebr k\u00ebt\u00eb arsye, \u00e7do projektbuxhet, aktual dhe i ardhsh\u00ebm, duhet t\u00eb kujdeset p\u00ebr ruajtjen e k\u00ebtyre hap\u00ebsirave n\u00ebp\u00ebrmjet kontrollit t\u00eb shpenzimeve korrente ose zgjerimit t\u00eb baz\u00ebs s\u00eb t\u00eb ardhurave.<\/span><\/p>\n

S\u00eb dyti, Projektbuxheti i vitit 2026 parashikon rritjen e p\u00ebrpjekjeve p\u00ebr formalizimin e ekonomis\u00eb. Ky konstatim faktorizon zbatimin e pritur t\u00eb disa masave t\u00eb dakorduara n\u00eb kuad\u00ebr t\u00eb strategjis\u00eb afatmesme t\u00eb financave publike.<\/span><\/p>\n

N\u00eb gjykimin ton\u00eb, rritja e formalizimit ka ndikime pozitive afatgjata, n\u00ebp\u00ebrmjet nxitjes s\u00eb konkurrenc\u00ebs s\u00eb ndershme, rritjes s\u00eb baz\u00ebs s\u00eb tatueshme, forcimit t\u00eb q\u00ebndrueshm\u00ebris\u00eb fiskale dhe zgjerimit t\u00eb hap\u00ebsirave p\u00ebr politika prioritare sektoriale.<\/span><\/p>\n

S\u00eb treti, Projektbuxheti i vitit 2026 parashikon nj\u00eb nivel relativisht t\u00eb ul\u00ebt huamarrjeje, si n\u00eb tregun e brendsh\u00ebm \u2013 i cili parashikohet t\u00eb mbuloj\u00eb m\u00eb shum\u00eb se 70% t\u00eb nevojave p\u00ebr financim \u2013 dhe n\u00eb at\u00eb t\u00eb jasht\u00ebm.<\/span><\/p>\n

N\u00eb gjykimin e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb, ruajtja e huamarrjes s\u00eb re n\u00eb nivele t\u00eb ul\u00ebta ndihmon n\u00eb reduktimin e primeve t\u00eb rrezikut dhe rritjen e hap\u00ebsirave p\u00ebr huamarrjen e sektorit privat.<\/span><\/p>\n

N\u00eb t\u00eb nj\u00ebjt\u00ebn koh\u00eb, fokusimi i k\u00ebsaj huamarrjeje n\u00eb tregun e brendsh\u00ebm ndihmon n\u00eb reduktimin e ekspozimit t\u00eb buxhetit t\u00eb shtetit ndaj rrezikut t\u00eb kursit t\u00eb k\u00ebmbimit dhe \u00ebsht\u00eb konsistent me kushtet e mira financiare n\u00eb tregun vendas,\u201d tha ajo.<\/span><\/p>\n

Lidhur me projeksionet fiskale, Banka e Shqip\u00ebris\u00eb konstaton se niveli i planifikuar i t\u00eb ardhurave buxhetore \u00ebsht\u00eb i arritsh\u00ebm, ndon\u00ebse ai \u00ebsht\u00eb n\u00eb kahun e sip\u00ebrm t\u00eb parashikimeve t\u00eb saj. Megjithat\u00eb, znj.Minxhozi tha se rreziqet q\u00eb shoq\u00ebrojn\u00eb supozimet e skenar\u00ebve baz\u00eb mbeten relevante, e si t\u00eb till\u00eb ato duhen adresuar.<\/span><\/p>\n

\u201cP\u00ebr k\u00ebt\u00eb arsye, devijimet potenciale nga supozimet k\u00ebrkojn\u00eb pasurimin e analiz\u00ebs me skenar\u00eb alternativ\u00eb dhe identifikimin e masave potenciale korrektuese, n\u00eb var\u00ebsi t\u00eb shmangies s\u00eb tyre nga parashikimet. N\u00eb k\u00ebt\u00eb kontekst, Banka e Shqip\u00ebris\u00eb rithekson nevoj\u00ebn e nj\u00eb monitorimi t\u00eb kujdessh\u00ebm t\u00eb realizimit t\u00eb buxhetit, i shoq\u00ebruar me hartimin e masave kontingjente q\u00eb do garantojn\u00eb ruajtjen e planit p\u00ebr deficitin buxhetor.<\/span><\/p>\n

Ne gjykojm\u00eb se, n\u00eb \u00e7do rast kur do t\u00eb jet\u00eb i nevojsh\u00ebm korrektimi fiskal, ai duhet t\u00eb synoj\u00eb respektimin e limitit t\u00eb deficitin buxhetor dhe t\u00eb jet\u00eb i orientuar n\u00eb kahun e shpenzimeve, duke identifikuar dhe ruajtur hap\u00ebsirat p\u00ebr ato shpenzime t\u00eb cilat ofrojn\u00eb nj\u00eb eficienc\u00eb m\u00eb t\u00eb lart\u00eb. Lidhur me struktur\u00ebn e financimit t\u00eb deficitit, ne vler\u00ebsojm\u00eb pozitivisht zhvendosjen e saj drejt burimeve t\u00eb brendshme t\u00eb financimit.<\/span><\/p>\n

Aktualisht, tregu i brendsh\u00ebm financiar ofron prime t\u00eb ul\u00ebta rreziku, n\u00eb reflektim t\u00eb ambientit ekonomik t\u00eb favorsh\u00ebm dhe pritjeve p\u00ebr nj\u00eb perspektiv\u00eb ekonomike t\u00eb stabilizuar.<\/span><\/p>\n

Megjithat\u00eb, ne inkurajojm\u00eb nj\u00eb shp\u00ebrndarje sa m\u00eb lineare t\u00eb shpenzimeve dhe t\u00eb huamarrjes s\u00eb brendshme, n\u00eb funksion t\u00eb zbutjes s\u00eb luhatjeve t\u00eb normave t\u00eb interesit dhe t\u00eb gjendjes s\u00eb likuiditetit n\u00eb sistemin financiar.,\u201d tha znj. Minxhozi.<\/span><\/p>\n

N\u00eb sugjerimet e saj p\u00ebr t\u00eb ardhmen, Banka e Shqip\u00ebris\u00eb theksoi edhe nj\u00ebher\u00eb rekomandimin q\u00eb konsolidimi fiskal duhet t\u00eb bazohet gjithnj\u00eb e m\u00eb tep\u00ebr n\u00eb kahun e t\u00eb ardhurave.<\/span><\/p>\n

Ky sugjerim faktorizon faktin se presionet p\u00ebr zgjerim t\u00eb shpenzimeve publike, n\u00eb kahun e skem\u00ebs s\u00eb pensioneve, n\u00eb kahun e skem\u00ebs s\u00eb kujdesit sh\u00ebndet\u00ebsor, si dhe p\u00ebr t\u00eb financuar investimet publike dhe ato n\u00eb arsim, do t\u00eb vijn\u00eb n\u00eb rritje n\u00eb t\u00eb ardhmen. N\u00eb k\u00ebt\u00eb k\u00ebndv\u00ebshtrim, rritja e t\u00eb ardhurave publike \u00ebsht\u00eb nj\u00eb zgjidhje m\u00eb optimale se nj\u00eb konsolidim fiskal i bazuar n\u00eb shkurtimin e shpenzimeve.<\/span><\/p>\n

Banka e Shqip\u00ebris\u00eb inkurajoi zbatimin e Strategjis\u00eb Afatmesme t\u00eb t\u00eb Ardhurave, me fokus uljen e evazionit fiskal, digjitalizimin e administrat\u00ebs tatimore dhe zgjerimin e baz\u00ebs tatimore dhe\u00a0 hartimin e nj\u00eb politike tatimore t\u00eb q\u00ebndrueshme, t\u00eb thjesht\u00eb dhe koherente, q\u00eb garanton stabilitet rregullator dhe parashikueshm\u00ebri p\u00ebr biznesin.<\/span><\/p>\n

Nga ana tjet\u00ebr, banka e Shqip\u00ebris\u00eb theksoi s\u00ebrish se p\u00ebrmir\u00ebsimin i menaxhimit t\u00eb shpenzimeve publike \u00ebsht\u00eb nj\u00eb hap ky\u00e7 p\u00ebr rritjen e efikasitetit t\u00eb politik\u00ebs fiskale p\u00ebr dhe p\u00ebr rritjen e efektit stimulues n\u00eb ekonomi.<\/span><\/p>\n

\u201cN\u00eb k\u00ebt\u00eb kontekst, Banka e Shqip\u00ebris\u00eb vijon t\u00eb p\u00ebrs\u00ebris\u00eb sugjerimin p\u00ebr nj\u00eb shp\u00ebrndarje m\u00eb t\u00eb nj\u00ebtrajtshme t\u00eb shpenzimeve gjat\u00eb vitit, n\u00eb interes t\u00eb shmangies s\u00eb p\u00ebrqendrimit kronik t\u00eb tyre n\u00eb fundin e vitit.<\/span><\/p>\n

Po ashtu, ne inkurajojm\u00eb zhvillimin dhe adoptimin e nj\u00eb metodologjie standarde t\u00eb vler\u00ebsimit t\u00eb raportit kosto \u2013 p\u00ebrfitim p\u00ebr investimet publike, si nj\u00eb praktik\u00eb t\u00eb vlefshme p\u00ebr shqyrtimin dhe miratimin e projekteve t\u00eb reja,\u201d tha znj.Minxhozi.<\/span><\/p>\n

Ajo shtoi se deficiti i skem\u00ebs s\u00eb sigurimeve shoq\u00ebrore dhe sh\u00ebndet\u00ebsore vijon t\u00eb jet\u00eb nj\u00eb barr\u00eb e konsiderueshme p\u00ebr buxhetin e shtetit, duke tejkaluar edhe nivelin e deficit t\u00eb p\u00ebrgjithsh\u00ebm buxhetor.<\/span><\/p>\n

N\u00eb ve\u00e7anti, sfidat fiskale t\u00eb k\u00ebtyre skemave mbeten t\u00eb larta, duke marr\u00eb n\u00eb konsiderat\u00eb fenomenin e plakjes s\u00eb popullsis\u00eb dhe t\u00eb tkurrjes demografike.<\/span><\/p>\n

K\u00ebta tregues priten t\u00eb ushtrojn\u00eb trysni t\u00eb shtuar mbi financat publike n\u00eb t\u00eb ardhmen, duke b\u00ebr\u00eb t\u00eb domosdosh\u00ebm nd\u00ebrmarrjen e reformave shtes\u00eb q\u00eb do garantonin reduktimin e vulnerabiliteve fiskale t\u00eb lidhura me to.<\/span><\/p>\n

\u201cN\u00eb k\u00ebt\u00eb kontekst, Banka e Shqip\u00ebris\u00eb rekomandon rishikimin e parametrave t\u00eb skem\u00ebs s\u00eb pensioneve, me q\u00ebllim kontrollin e mb\u00ebshtetjes s\u00eb drejtp\u00ebrdrejt\u00eb t\u00eb saj nga buxheti i shtetit; zhvillimin dhe promovimin e shtyll\u00ebs s\u00eb dyt\u00eb dhe t\u00eb tret\u00eb t\u00eb pensioneve, p\u00ebrmes mekanizmave fiskal\u00eb dhe rregullator\u00eb nxit\u00ebs; (integrimin e analiz\u00ebs s\u00eb rreziqeve demografike dhe fiskale n\u00eb kuadrin afatmes\u00ebm t\u00eb programimit buxhetor, n\u00eb p\u00ebrputhje me praktikat m\u00eb t\u00eb mira t\u00eb BE-s\u00eb,\u201d tha ajo.<\/span><\/p>\n

Lidhur me projektet e partneritetit publik-privat, Banka e Shqip\u00ebris\u00eb k\u00ebrkoi p\u00ebrpjekje p\u00ebr p\u00ebrmir\u00ebsimin e vazhduesh\u00ebm t\u00eb kapaciteteve profesionale t\u00eb nj\u00ebsive q\u00eb administrojn\u00eb vler\u00ebsimin, kontraktimin dhe monitorimin e k\u00ebtyre projekteve, sidomos sa i takon detyrimeve ligjore dhe financiare q\u00eb ato i ngarkojn\u00eb Buxhetit.\/Monitor<\/strong><\/span><\/a><\/span><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Banka e Shqip\u00ebris\u00eb shprehu sot nj\u00eb opinion pozitiv p\u00ebr projektbuxhetin e vitit 2026, duke vler\u00ebsuar sidomos mbajtjen e nj\u00eb deficiti t\u00eb ul\u00ebt buxhetor dhe projeksionet p\u00ebr uljen e borxhit publik. Z\u00ebvend\u00ebsguvernatorja e par\u00eb, Luljeta Minxhozi, tha t\u00eb h\u00ebn\u00ebn n\u00eb Komisionin Kuvendor p\u00ebr Ekonomin\u00eb, Pun\u00ebsimin dhe Financat, se ky kah i politik\u00ebs fiskale ndihmon n\u00eb ruajtjen […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":49,"featured_media":743431,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":["post-770515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lajme"],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/770515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/comments?post=770515"}],"version-history":[{"count":99999,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/770515\/revisions"}],"predecessor-version":[{"id":770516,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/770515\/revisions\/770516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media\/743431"}],"wp:attachment":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media?parent=770515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/categories?post=770515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/tags?post=770515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}