Semi-Annual Monetary Policy Report

This report analyses and assesses the economic and financial developments of the Albanian economy. The stance of Bank of Albania monetary policy is adopted based on these developments, their influence on the inflation of the examined period and on the future expectations.

 

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Monetary Policy Report for the second half of 2009

The Albanian economy has just left behind a difficult year. The deep global economic crisis was soon felt even in Albania, testing the foundations of the economy: the financial stability and the macroeconomic balances. However, the good initial state of our economy and the proper...

Published by Monetary Policy Department on 17.06.2010

Monetary Policy Statement for the first half of 2009

The economic developments in the first half of 2009 posed strong challenges to the Albania economy. The global crisis affected our economy, swinging the factors and balances that have sustained the economic growth, thus testing the immunity and self-adjusting mechanisms of the ec...

Published by Monetary Policy Department on 30.07.2009

Monetary Policy Statement for the second half of 2008

World economy and the financial system in particular were severely hit in the second half of 2008. The crisis which struck the heart of the global financial system was progressively and relentlessly transmitted to the economic activity of advanced economies leading some of the la...

Published by Monetary Policy Department on 18.02.2009

Monetary Policy Statement for the first half of 2008

The recent developments attest to further deepening of the U.S. financial crisis, peaking in the last weeks with the collapse of one of the largest investment banks Lehman Brothers. Prior to this startling failure, the two U.S. mortgage giants, Freddie Mac and Fannie Mae, were su...

Published by Monetary Policy Department on 08.10.2008

Review of the monetary policy of the Bank of Albania for the second half of 2007

The Albanian economy recorded a positive performance during 2007 being characterized by a stable annual growth in line with the projections, contained inflation and further consolidation of financial stability. The preservation of optimal macroeconomic parameters during this year...

Published by Monetary Policy Department on 06.03.2008

Review of Monetary Policy in the first semester of 2007

The first semester of 2007 marked a positive performance of the Albanian economy in terms of being in line with the projected economic growth rate, of further consolidating the macroeconomic stability and carrying on with the structural reforms in economy. The economic developmen...

Published by Monetary Policy Department on 31.07.2007

Semi-Annual Monetary Policy Statement (S2-2006)

The Albanian economy has been characterized by positive development tendencies over the last years, expressed in stable growth rates, in the constant improvement of macroeconomic stability and in the gradual approximation of our economy structure to the developed economies’ ones....

Published by Monetary Policy Department on 14.02.2007

Semi-Annual Monetary Policy Statement (S1-2006)

The first economic data for 2006 indicate that the Albanian economy has overtaken the consequences of the severe electricity situation and is now following a stable course of economic growth. ...

Published by Monetary Policy Department on 02.08.2006

Semi-Annual Monetary Policy Statement (S2-2005)

The second semester of 2005 generally marked a favourable period for the country’s economic development. ...

Published by Monetary Policy Department on 10.02.2006

Semi-Annual Monetary Policy Statement (S1-2005)

During the first half of 2005 the Albanian economy is characterized by positive developments within the expected parameters. ...

Published by Monetary Policy Department on 02.08.2005

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