The main objective of the Bank of Albania is to achieve and maintain price stability. To pursue this goal and to strengthen its transparency, the Bank of Albania compiles and publishes the Monetary Policy Report. This Report is the main instrument the Bank of Albania uses to communicate its monetary policy to the public. It provides a comprehensive overview of the recent macroeconomic developments and the factors that have affected and are expected to affect consumer price performance in Albania.
The Bank of Albania’s Monetary Policy Report is published quarterly, in both Albanian and English versions. This Report was an integral part of the Economic Bulletin until 2009. It was first published as a separate publication in April 2010.
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
The third quarter of 2009 witnessed positive signs in the Albanian economy
and financial markets. It particularly marked a turning point in terms of restoring
confidence in the Albanian banking system. The stable liquidity situation, the
preservation of financial stability and th...
Published by Monetary Policy Department on 05.11.2009
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
Economic and financial events at home continue to occur amidst an unstable external setting. On a global level, the advanced and emerging and developing economies remain highly uncertain both in terms of crisis duration and extension of its negative impact. The tight financial si...
Published by Monetary Policy Department on 21.05.2009