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Press Conferences - 2016

 


The new information analysed in this monetary policy report has been – overall – in line with our projections. Data from the real and financial sectors show an improving economic activity, inflation rising gradually towards the target, and a favourable financial envi...
Published by GOVERNOR’ S OFFICE on 21.12.2016
Question - Governor, the arrangement between Albania and the International Monetary Fund ends, in a few months. At least, according to the public statements of the government, the arrangement will not be in the current format any more, but it will be a more relaxed arrangement. D...
Published by GOVERNOR’ S OFFICE on 21.12.2016
The Albanian economy continued to improve over the last two quarters. Economic activity grew progressively. Inflation is gradually moving towards the target, while financial markets remain calm and financing costs remain at their lowest historical levels. These tendencies reflect...
Published by GOVERNOR'S OFFICE on 09.11.2016
Question: The IMF Arrangement will be reviewed next February. There are thoughts about repositioning this arrangement at advisory levels. Do you think it is the right moment to move to these levels and does that support the Bank's policies, and for inflation as well?...
Published by GOVERNOR’ S OFFICE on 09.11.2016
The new information analysed in this monetary policy report resulted, overall, in line with our expectations. Economic activity continues to expand inflation has been upward, whereas financing costs remain around the lowest historical levels....
Published by GOVERNOR'S OFFICE on 05.10.2016
Question: The government has said it intends to raise wages and pensions. How do you think this raise would affect the monetary policy; do you expect inflation and the interest rates to increase? In more specific terms, is there a coordinated plan between the Bank of Albania and ...
Published by GOVERNOR'S OFFICE on 05.10.2016
Question: According to a media report today, the Supreme State Audit has found that the amount stolen from the treasury of the Bank of Albania is three times the amount that had been previously publicly declared. My questions are: do you confirm the veracity of this figure? And, ...
Published by GOVERNOR'S OFFICE on 03.08.2016
In today’s meeting, the Supervisory Council of the Bank of Albania reviewed the monetary policy interim report. In conclusion to the analytical information and forecasts presented, the Supervisory Council decided to keep the base interest rate unchanged, at 1.25%....
Published by GOVERNOR'S OFFICE on 06.07.2016
The new economic and monetary information for the last months has been overall on the down side of our expectations. Economic growth for the fourth quarter of 2015 resulted somewhat lower than projections, and inflation for the first quarter of 2016 recorded a strong and unexpect...
Published by GOVERNOR'S OFFICE on 04.05.2016
Question: The Bank of Albania has been active in accommodative monetary policies to promote lending, but we have not seen an expansion of lending yet. What are the actual reasons we do not have credit growth and what may be done in this regard?...
Published by GOVERNOR'S OFFICE on 04.05.2016
The Supervisory Council of the Bank of Albania reviewed today the intermediate monetary policy report. Intensive attention was paid, during the discussions, to the analysis of the actual and expected performance of inflation, and its implications for the monetary policy....
Published by GOVERNOR'S OFFICE on 06.04.2016
Question: You said that the Bank of Albania is ready to do anything if other disinflationary pressures materialize. Are you considering only conventional measures, that is further easing by lowering the key interest rate or other measures beyond the conventional ones? Are you tak...
Published by GOVERNOR'S OFFICE on 06.04.2016
The Supervisory Council met today in the second meeting in 2016 and reviewed and decided on the interest rate. Let me now explain our assessment and conclusions in greater detail...
Published by Governor's office on 03.02.2016

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