PRESS RELEASE
Governor Sejko meets H.E. Mircea Perpelea, Ambassador of Romania to Albania

The Governor of the Bank of Albania Gent Sejko received in an official meeting at the Bank of Albania, H.E. Mircea Perpelea the Ambassador of the Republic of Romania to Albania.

During the meeting, Governor Sejko presented an overview of the banking system developments in Albania, underlying the good financial indicators of this system. He added that the Bank of Albania has pursued an accommodative monetary policy stance, supporting the consolidation of the fiscal policy for a sustainable and long-term growth of Albania.

Also, Governor Sejko informed Ambassador Perpelea on the latest developments in the Albanian economy and Bank of Albania's contribution to boosting economic activity. He pointed out that economic growth in Albania is on a positive trajectory and is expected to improve. Its main economic balances will consolidate in the coming years.

Ambassador Perpelea thanked Governor Sejko for the hospitality and noted his country's commitment, as a member of the EU, to give all the necessary assistance in the framework of the European integration process.

He also noted the importance of the cooperation between the central banks of the two countries and offered the expertise of the National Bank of Romania on various fields of central banking.

A former employee of the National Bank of Romania, Ambassador Perpelea commended the Bank of Albania's work in maintaining and safeguarding the financial system, price stability, and currency stability. In this context, Ambassador Perpelea pointed out to the similarity of the sustainability of the Romanian leu and the Albanian lek against the volatility of international financial markets.

The Ambassador of Romania highlighted the importance of the implementation of economic, structural and sectoral reforms, and appraised the progress of Albania in recent years. These reforms will positively contribute to creating an attractive environment for foreign investors.

In conclusion, they shared the same views about the perspectives of advancing the economic cooperation between the two countries, mainly with regard to the financial system and the growth of foreign investments in Albania.