Takacs was accompanied by outgoing EBRD country head Ekaterina Solovova and other representatives of the bank.

The meeting underscored the longstanding partnership between the Albanian government and the EBRD, which has played a key role in financing projects supporting the country’s economic development.

Malaj thanked Solovova for her contribution during her tenure in Albania and welcomed Takacs, expressing confidence that cooperation between Albania and the EBRD would continue to deepen.

Finance Minister highlighted the EBRD’s role in financing projects with a direct impact on Albania’s economic and infrastructure development, stressing the importance of expanding cooperation in priority sectors in line with the country’s sustainable development goals and EU integration agenda.

Takacs reaffirmed the EBRD’s commitment to supporting Albania through investments that promote economic growth, infrastructure modernisation, the green transition and private sector development.

The meeting also reviewed the implementation of ongoing projects and explored opportunities to expand cooperation through new initiatives of mutual interest.

Since beginning operations in Albania in 1992, the EBRD has invested more than 1.1 billion eurosin projects across transport, energy, financial services and other priority sectors, contributing to the country’s infrastructure modernisation and sustainable development.

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The Bank of Albania said in a press release on Wednesday that other central bank senior officials attended the meeting that focused on EBRD support for renewable energy projects, as well as tourism and agriculture sectors in Albania.

According to the release, Governor Sejko pointed out the excellent relations between Albania and EBRD and expressed gratitude to the Bank’s officials for the contribution to Albania as one of the major investors in a series of important development projects in the country.

“He also expressed gratitude for EBRD’s continued support for the Bank of Albania, including banking supervision through technical assistance regarding alignment with European standards,” BoA said in its release.

Central bank governor underlined that the Bank’s accommodative monetary and economic policy has helped in keeping a low inflation rate compared to other countries in the region. According to Sejko, the central bank’s policies have also played important role in strengthening the country’s financial stability.

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