According to the BoA, the full recovery of the economy and the steady growth of inflation towards the 3% target at the end of 2022, should continue to be supported by a stimulating monetary policy profile, where the key interest rate on lek to continue to be at 0.5%.

The Central Bank emphasized that, “in order to move from easing monetary policy, i.e. low interest rates, to a tight monetary policy, which means an increase in the interest rate, expect a better economic situation before the end of 2022.”

In the light of the current conditions, the Bank of Albania deems that the easing monetary policy will continue for a long period. At least until the second half of 2022, monetary policy will continue with an interest rate of 0.5%. //a.i/