Zaçaj at IMF and World Bank Meeting: Albanian Economy Shows Resilience Amid Global Uncertainty

First Deputy Governor of the Bank of Albania, Holta Zaçaj, participated in the meeting of the International Monetary Fund (IMF) and World Bank Constituency, held on July 6–7, 2026, in Lisbon, Portugal.

During the high-level gathering, central bank governors, finance ministers, and senior representatives from member countries discussed the latest global economic developments, including inflation challenges, economic growth, financial stability, and the impact of artificial intelligence on the economy and labor market.

Zaçaj highlighted that Albania’s economy has continued to demonstrate resilience despite external uncertainties. She noted that economic growth remains solid, supported by strong domestic demand, tourism development, and increased lending activity. Meanwhile, inflation continues to remain close to the Bank of Albania’s target.

Furthermore, the Deputy Governor emphasized the institution’s role in preserving price and financial stability through a cautious monetary policy approach. She added that Albania’s banking sector remains well-capitalized, maintains sufficient liquidity, and has recorded historically low levels of non-performing loans.

The discussions also focused on structural reforms and Albania’s European integration process. In this context, Zaçaj underlined the importance of implementing SEPA transfers as a significant step toward deeper financial integration with the European Union.

Moreover, artificial intelligence was another key topic of discussion. Zaçaj pointed out that AI offers important opportunities to increase efficiency, improve data analysis, and strengthen supervisory processes. She explained that the Bank of Albania is working to establish an internal framework for the responsible and secure use of AI, in line with EU standards.

At the conclusion of the meeting, participants reaffirmed the importance of international cooperation and coordinated economic policies to address global challenges and support sustainable economic growth.

/a.c/

The post Zaçaj at IMF and World Bank Meeting: Albanian Economy Shows Resilience Amid Global Uncertainty appeared first on RTSH English.

Original post Here

News
Hoxha, Canadian Counterpart Explore New Economic and Trade Cooperation

Foreign Minister Ferit Hoxha met Canadian Foreign Minister Anita Anand on the sidelines of the 36th NATO Summit in Ankara to discuss expanding bilateral cooperation. The two ministers agreed to strengthen political dialogue and create new opportunities for cooperation, with a particular focus on the economy and trade. Hoxha highlighted …

News
EU Parliament Rapporteur Urges Kurti to Form Functional Coalition

European Parliament rapporteur for Kosovo Riho Terras urged acting Prime Minister Albin Kurti to show statesmanship by building a functional governing coalition and securing the election of the country’s next president. Terras made the appeal after meeting Democratic League of Kosovo (LDK) leader Lumir Abdixhiku and Alliance leader Ardian Gjini. …

News
Rama Arrives at NATO Summit, Meets Erdoğan Ahead of Bilateral Talks

Prime Minister Edi Rama and his wife, Linda Rama, arrived at the official reception and dinner hosted by Turkish President Recep Tayyip Erdoğan and First Lady Emine Erdoğan during the NATO Summit in Ankara. Rama met President Erdoğan and the First Lady before posing for an official photograph. He also …