Albanian monetary policy in the face of global uncertainty - In focus, price stability. BoA Governor in meeting with World Bank representatives
Strengthening financial stability and further developing the financial sector in the country was the focus of the latest meeting of the Governor of the Bank of Albania, Gent Sejko, with the World Bank's Director for the Western Balkans, Ms. Xiaoqing Yu, and Ms. Martha Licetti, Manager for the Balkans Region at the World Bank.
During the meeting, the Governor stated that although uncertainty in the global economic environment remains high, monetary policy decision-making will continue to be based on the analysis of the latest economic and financial data. In this context, the Bank of Albania's decisions will aim to maintain price stability, while being consistent with the fiscal policy stance and exchange rate developments.
The parties also discussed key reform priorities in the financial sector and development projects that could be supported under the next Development Policy Lending (DPL) 2026–2027 series.
Regarding the Financial Sector Assessment Program (FSAP), the parties shared views on the expectations and priorities related to this process, which aims to further strengthen the sustainability of the financial sector in the country.
The talks then focused on the progress achieved towards financial stability, strengthening the supervisory framework and regulatory approximation with European Union standards, including the support provided by the FINSAC program.
The World Bank provides ongoing support to Albania, particularly through technical assistance and projects aimed at improving the regulatory framework, strengthening financial stability, and developing financial markets.
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