Monetary Policy Report for the second half of 2009
Author: Monetary Policy Departament
Printed on: 02.02.2010
Production date: 02.02.2010
Material category : Periodic Publications / 6-month Monetary Policy Declaration
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 response of macroeconomic
policies helped to successfully cope with this test. During the first three quarters
of the year, the Albanian economy ensured a positive growth, thus preserving
the financial stability and the key indicators of macroeconomic stability: price
stability, public debt level and balance of payments sustainability.