The Municipalities of Vore and Kavaja are headed for bankruptcy and could be among the first to be placed under central administration under a direction of the Ministry of Finance.
In early August, the Ministry of Finance announced it was recruiting administrators for local self-governed units that are struggling financially or face insolvency.
The Directorate of Local Finances in the Ministry of Finance has formulated a detailed report on the financial situation of the municipalities, where it is established that, in 2021, seven municipalities have a status as a unit in financial difficulties, specifically the municipalities of Roskovec, Poliçan, Cërrik, Malësi e Madhe, Vora, Belsh and Kavaja.
“The situation in the Municipality of Kavaja and Vora is much more serious, where the arrears represent respectively 91.23% and 90.54% of the actual expenses in 2021,” says the report of the Ministry of Finance.
In addition to the above, some other municipalities have also been identified as having financial problems, specifically Peqin, Tropojë, Tepelën, Rrogozhinë, Konispol, Lezhë, Kuçovo, Pogradec, Delvinë and Dimal.
Those with a sound financial performance include Gjirokaster, Patos, Këlcyrë, Shkodër, and Korçë.
