PRESS RELEASE
Governor Sejko meets representatives of the International Monetary Fund mission

On 25 April 2019, the Governor of the Bank of Albania, Mr Gent Sejko, met with the International Monetary Fund (IMF) Mission team, led by Mr Jan Kees Martijn, Mission Chief for Albania. This meeting was held in the framework of Article IV discussions.

Issues discussed during this meeting were: macroeconomic developments; outlook for 2019 and the medium-term horizon; economic growth drivers; inflation and forecasts for the return of inflation to target; exchange rate  and its performance; financial markets; banking system, its consolidation and financial indicators, banking supervision; credit performance and forecasts for 2019; non-performing loans, implementation of the inter-institutional plan for their reduction and the measures that are being undertaken in this regard, expectations for 2019; de-euroisation package and the relevant measures; and, modernization of payment systems.

In the coming days, the IMF mission will meet with senior officials from the Bank of Albania and the Ministry of Finance and Economy to discuss, in greater detail, issues related to the performance of the Albanian economy.