Monetary Policy Report

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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.

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The Albanian economy faced challenges in 2011, as regards economic growth and maintenance of macroeconomic balances. In spite of these shocks, the Albanian economy continued to grow in 2011, albeit at lower rates. This growth has reflected the structural improvements of the Alban...
Published by Monetary Policy Department on 20.03.2012
Monetary Policy Report - 2011 Q3 Bank of Albania The Albanian economy had an overall positive performance during 2011, in spite of an unfavourable external environment. Domestic economic activity posted growth and some of Albania’s main macroeconomic and financial balances ...
Published by Monetary Policy Department on 09.01.2012
The Albanian economy continued to grow during 2011 H1, although in the presence of added challenges generated by the internal and external economic environment. Tensions in global economies and financial markets, as well as increased prices of food and primary commodities, led to...
Published by Monetary Policy Department on 07.10.2011
The Albanian economy had a positive performance in 2011 Q1. Economic activity increased, the main macroeconomic balances improved, and risk premiums and interest rates in financial markets dropped. Economic growth during 2011 relies on foreign demand for Albanian goods as well as...
Published by Monetary Policy Department on 19.07.2011

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