PRESS RELEASE
Questions and Answers at the Press Conference of the Governor of the Bank of Albania, 26.09.2012

Question: What measures may the Government take to encourage consumption, and what instruments should be used to increase liquidity and boost the Albanian economy development, while the key interest rate will remain unchanged?

Answer: As I stated in the report, the space for fiscal intervention, due to maintaining the deficit and debt balances, is limited. Actually, at the Bank of Albania, we are analysing the current situation. Also, the discussions with the International Monetary Fund mission in Albania focused on measures that need to be taken on economic development in the period ahead. In essence, we need to find balances that would guarantee macrofinancial stability at home and trigger economic growth. The Albanian economy needs and will welcome any new inflow of foreign direct investments, as one of the most effective ways to ensure new injection to the economy. This is the challenge for the future.