Price stability and monetary policy


One of the primary tasks of the Bank of Albania is to keep our economy "sound". It performs this task by managing the national credit and currency systems i.e. controlling the monetary policy to promote economic growth. Monetary policy means the set of measures undertaken by the central bank to regulate the supply of money in the economy.

Many economists hold that the higher the supply of money in circulation in an economy, the higher the prices. In this light, to maintain price stability, the Bank of Albania controls the supply of money in circulation and keeps its value under control.


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