Despite starkly different visions, both main parties have promised higher pensions, salaries

Economy a Key Battleground in Election

Economic policy has emerged as one of the dominant issues ahead of Albania’s general election on May 11, as Prime Minister Edi Rama and opposition leader Sali Berisha trade barbs over growth, taxes, and the cost of living during a campaign marked by mutual accusations and promises of prosperity.

With the Socialist Party seeking a fourth consecutive term, Rama has touted his government’s record on GDP growth, EU integration progress and falling unemployment.

Rama pointed to data from international institutions showing Albania’s GDP has grown by 109.6% since 2013, outpacing its regional peers. He also highlighted improvements in unemployment and per capita income, claiming a drop in joblessness from 18% to 8.8% and a tripling of exports since his party took power. The prime minister has made similar points during other recent campaign speeches.

Meanwhile, opposition Democratic Party leader Berisha has focused on the struggles of specific groups such as small businesses, farmers, and exporters, promising sweeping tax cuts and subsidies.

Berisha outlined a program pledging a minimum wage of Euro 500 and an average wage of

Euro 1,250, as well as fivefold increases in agricultural subsidies. He also promised a Consumer Card that would reduce the cost of basic goods by 20% for vulnerable families.

Berisha also promised to cut VAT to 15% and introduce a flat 10% tax for medium and large enterprises. He also proposed a scheme to compensate exporters for losses due to the euro’s depreciation.

Despite starkly different visions, both main parties have promised higher pensions, expanded social services, and an increased minimum wage. Rama has committed to raising the minimum wage to Euro 650 by the end of the next mandate, while maintaining tax exemptions for small businesses until 2029.

At times, the tone has turned personal. Berisha accused the Rama government of living in luxury while citizens struggle on low pensions.

Rama, meanwhile, has defended his record. “Time alone didn’t bring progress,” he said. “It was the choice Albanians made.” He also highlighted the progress made towards EU accession during the Socialists’ successive mandates.

The Organisation for Security and Co-operation in Europe (OSCE) noted in an April 28 report that while campaign discourse has featured discussion of the economy and EU membership, it has also been marred by accusations of corruption and misuse of state resources.