TIRANA, November 11 – Kristalina Georgieva, managing director of the International Monetary Fund, said Albania is among Europe’s fastest-growing economies.

Her statement came during the 100th anniversary of the Bank of Albania. The event included Prime Minister Edi Rama, Finance Minister Petrit Malaj, Economy and Innovation Minister Delina Ibrahimaj, and experts from Albania and abroad.

Georgieva highlighted that the anniversary is not only a celebration but also a testament to the bank’s sustainable reforms and vision. She traced its evolution since 1925, noting Albania’s political changes, economic shocks, and global challenges.

She praised the bank’s role in maintaining financial stability and public trust. Its policies, regulatory framework, and transparency supported growth even during crises, including the global financial crisis and the pandemic.

“Albania’s experience shows that central bank independence is more than a technicality. It is the foundation of national stability. Independence requires a clear mandate, legal framework, transparency, accountability, and public communication,” Georgieva said.

Looking ahead, she noted challenges such as geopolitical fragmentation, digital transformation, artificial intelligence, and demographic shifts. She emphasized that Albania is committed to joining the European Union. The Bank of Albania plays a key role, and the IMF will continue supporting policies, research, and capacity development.

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