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Albania

 
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Albania

Governmental Bodies and Control

In its last months in power, Albania's communist regime engaged nine ministries in the battle to free up the country's paralyzed economy. The Council of Ministers and the Ministry of Finance formed the hub of economic decision making, and workers and managers at troubled enterprises regularly turned directly to them for direction. The Ministry of Finance took most responsibility for implementing the government's economic reform programs. It drew up accounting and tax regulations as well as rules on the documentation of business activity and contributions to social security funds. Inspectors from the Ministry of Finance, known as the "treasury police" or "financial police," enforced the country's economic laws, oversaw customs posts, and worked, albeit with little success, to curb black-market speculators and take action against violators of price ceilings. The other ministries concerned with the economy, such as agriculture, construction, industry, trade, and transportation, implemented plans affecting their respective sectors.

Data as of April 1992

 

Albania - TABLE OF CONTENTS

The Economy


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