BREAKING NEWS

Brussels demands arrests of politicians, tenders and concessions are targeted by the EU, demands for justice and the government are clarified, a storm is expected in the ranks of the rulers

Brussels demands arrests of politicians, tenders and concessions are targeted by
x
BREAKING NEWS

The government announces the latest decision, here is the amount that pensioners will receive as a reward for the end of the year holidays

The government announces the latest decision, here is the amount that pensioners
x
BREAKING NEWS

The Serbs are terrified: the plan to create a 'great Albania' is launched, here are the countries that Tirana will 'seize', among them the famous Greek island of Corfu, the West is silent

The Serbs are terrified: the plan to create a 'great Albania' is
x
BREAKING NEWS

December 6 protest, Met Rrumbullaku announces the latest move

December 6 protest, Met Rrumbullaku announces the latest move
x
BREAKING NEWS

The Communist Party of Albania responds to Sali Berisha: Boll you scratched with the partisans, a neoballist and 'non grata' like you cannot lower the values ??of LANÇ, you are a national shame and your hands are stained with blood

The Communist Party of Albania responds to Sali Berisha: Boll you scratched with
x
BREAKING NEWS

Frost and frost invade the country/ Snow falls in residential areas, the meteorologist shows how the situation will be in the first 10 days of December

Frost and frost invade the country/ Snow falls in residential areas, the
x
BREAKING NEWS

This happens too! Comedian Rezart Veleshnja was attacked in the middle of Tirana and received multiple wounds, the reason is revealed

This happens too! Comedian Rezart Veleshnja was attacked in the middle of Tirana
x
BREAKING NEWS

What will be discussed at the Tirana Summit on December 6 that the EU leaders will land? The full agenda is highlighted

What will be discussed at the Tirana Summit on December 6 that the EU leaders
x

Ekonomia

Bank of Albania: Interest rates will increase, the government should manage the fiscal space well

Bank of Albania: Interest rates will increase, the government should manage the

The Bank of Albania has announced that interest rates will increase and that the government should manage the fiscal space well. The Bank of Albania clarified that the monetary policy has entered a cycle of normalization oriented towards respecting our objective of price stability, which has been expressed in the increase of the basic interest rate. The bank pointed out that it has constantly emphasized the importance of the long-term sustainability of public finances, in order to reduce financial risks and increase the room for maneuvering the fiscal policy. The Bank of Albania signaled in the last conference with the IMF mission the further increase of the basic interest rate. The government, as a major operator in the economy, is facing high costs of financing the domestic debt. "As we have continuously emphasized in our public appearances, monetary policy has already entered a cycle of normalization oriented towards respecting our objective of price stability, which has been expressed in the increase of the basic interest rate. In this context, the increase in securities interests has reflected, in addition to the actual increase in the base rate, also investors' expectations for the continuation of this normalization cycle in the future. This phenomenon is a natural process in financial markets and is present in other countries as well. The Bank of Albania has repeatedly emphasized the importance of the long-term sustainability of public finances, in order to reduce financial risks and increase the room for fiscal policy maneuvering", it is reported. According to the bank, the current performance of public debt interest rates does not come from the non-uniform distribution of borrowing during the year, but from market expectations for higher interest rates in the future, as a result of the inevitable normalization of the stance of monetary policy. Also, it is declared that the normalization of the stance of the monetary policy is done in order to respect our objective of price stability.