Bank of Albania's Monetary Policy Instruments and Procedures for Their Execution
Author: Bank of Albania
The objective of monetary policy carried
out by Bank of Albania is to attain and
maintain price stability. In order to
achieve this objective, which is presently
defined as an annual inflation rate of 2 to
4 percent, Bank of Albania attempts to
control the money supply. The latter is
thought to have a stable relationship
with the final objective of inflation.