Interest rate doesnt change
Bank of Albania decided to keep the interest rate unchanged at 4.25%.
Governor Ardian Fullani declared on a press conference that the Albanian
economy is still having a weak progress.
However, he declared that there has been improvement with the budget deficit and the export increase. An analysis of Bank of Albania shows that loans remain in a low level, together with consumption.
Fullani declared that in the efforts to find spaces for economic stimulus, the Bank could reduce the interest rate in the future, without damaging its main objective for stabilizing prices.
According to the governor, the financial stability of our country is the best decision for eliminating dangers of the future.