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Ekonomia

"Construction is used for money laundering", the expert reveals the reason for the increase in informality in employment for 2023: Increase fine controls

"Construction is used for money laundering", the expert reveals the

Informality in employment during the past year has increased, and was mainly concentrated in trade, construction and fashion. The economy expert, Romina Radonshiqi, invited to a TV studio, emphasizes that the state authorities should increase controls for businesses, while she has a call for all employees to react. She says that first the citizens should be made aware.

"We should not accept to work in the informal market. Our awareness is very important. Very soon we will reach the age of retirement, our budgets are not of the highest levels and we will suffer another wound which will be either not receiving a pension, or a minimum pension", said Radonshiqi.

The expert emphasizes that the greatest informality is found in the construction sector, although it is a well-paid sector. Among other things, the expert also mentions the furniture market as a sector with high informality, which she says has high salaries, even according to her, furniture workers are often paid more than science professors.

"Construction is one of the highest paid sectors. Employees who are in this sector are well paid. Why fall prey and partner with investors to work in the informal market. At the moment they are not insured, the construction sector also has risks. He can lose his life on the pier and the law has no way to protect him. The change must start from us, the government must make checks, the business must understand that this employee must provide

It is also the furniture sector that is paid at high prices. Even more than one academic, they can get 1 million old lek in the joinery sector. More than a science professor", continues the expert.

Radonshiqi says that the construction sector is used for money laundering.

"This sector also has informal money, dirty money, or money from immigrants who have it informally. The influence sector is also seen as a way to launder money. Even for the purchase of real estate, there are investors who sell apartments and receive the money in cash. We have a high demand for employees in this sector. A worker can receive 50,000 old lek a day", she says.

The expert emphasizes checks, but also fines against businesses, as two ways to fight informality.

"The fine is an instrument that would serve for education, in fact, when taxes come out in the field, some businesses are fined, but there is also corruption. When the business becomes a party to the tax official. Not only should he impose fines, but he should make sure that the employees who impose fines do their job," continued Radonshiqi.

Official figures show that undeclared work increased by 9.2% in 2023, and on the other hand, the problem of undeclared wages has deepened even more. The labor inspectorate says that out of over 200,000 employees inspected last year, about 40,000 were on minimum wages.

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