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.
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