Andorra Council Updates on Economy, Tourism, and Fiscal Compliance

Andorra's Council of Ministers held a press conference today to address key updates on government initiatives and ongoing matters.

The session, led by senior cabinet members, covered progress in economic recovery efforts, infrastructure projects, and public health measures. Officials highlighted recent achievements in attracting foreign investment, noting a 15% increase in business registrations over the past quarter compared to the previous year.

Discussions also touched on preparations for the upcoming tourist season, with emphasis on sustainable tourism practices amid rising visitor numbers. The ministers outlined plans to expand digital services for residents, including enhancements to the government's online portal for administrative procedures.

On the fiscal front, updates were provided regarding tax compliance campaigns targeting high-net-worth individuals, in line with Andorra's commitments to international transparency standards. No major policy changes were announced, but the council reaffirmed its commitment to maintaining the principality's competitive tax environment while meeting OECD requirements.

Questions from journalists focused on housing affordability and cross-border labor mobility, with responses indicating ongoing dialogues with neighboring Spain and France. The full recording of the press conference is available on the government's official website.

Authorities have not yet released detailed minutes, but further clarifications are expected in the coming days.