Annual Report 2007 - Chapter 3. Monetary Developments
Production date: 13.06.2008
Printed on: 13.06.2008
Author: Bank of Albania
Material category
Periodic Publications, Annual Reports
Short Description
The trend of monetary indicators shows high rates of money supply in the form of credit to economy vis à vis a weaker domestic demand for money. By and large, these trends have developed in tune with the propensity to lower money circulation in economy and with the financial intermediation deepening in economy. Money supply has grown more rapidly as a ratio to GDP and the credit surplus has gone up to 30% of GDP. However, pressures on consumer and production pries have built up during 2007.
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