Central bank said in a press release that governor Sejko expressed gratitude to Ambassador Otruba for Slovakia’s support for Albania’s European Union integration process and voiced confidence for continued support as the country progresses on the EU accession path.

Sejko provided an overview of Albanian economy, saying that the country has recorded positive growth last year despite a very challenging global context. The country’s inflation rate has narrowed, banking sector remains stable, tourism and foreign direct investment inflow have significantly increased in 2023.

He also focused on the central bank’s accommodative and prudent monetary policy, underlining that such a policy has yielded encouraging results in the efforts to reign on the inflationist trends and to allow for calm functioning of the financial market.

Sejko noted that Albania has one of the lowest inflation rates and the highest economic growth rates in the region.

On his part, Slovak diplomat Otruba praised role of Albania’s central bank on maintaining price stability and protecting the country’s financial system.

He also highlighted Albania’s progress on its European integration path and voiced full support of Slovakia in this respect.

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According to Speaker Nikolla the meeting focused on ways to further expand the all-round cooperation between Albania and Slovakia, as well as the partnership in NATO and OSCE.

Nikolla said that she and the Slovak Ambassador also discussed the continued support for Albania’s bid to join the European Union and ways to further enhance parliamentary cooperation.

“We discussed Albania’s leadership in the Berlin Process, the contribution towards promoting, supporting cooperation and the regional integration,” Nikolla said.

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