Gent Sejko: Albania's economic and financial developments in 2019

Speech

Gent Sejko: Albania's economic and financial developments in 2019

By Bank for International Settlements (BIS)

Mr Gent Sejko, Governor of the Bank of Albania, during the presentation of the Annual Report of the Bank of Albania for 2019 in the Albanian Parliament, reports that Albania’s economy grew modestly in 2019 despite major shocks—including declining energy output and a damaging earthquake—while inflation remained below target, requiring continued monetary stimulus.

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