Yzeiraj Hosts IMF Mission on Financial Stability and EU Integration Goals

Deputy Minister of Finance Endrit Yzeiraj meets the International Monetary Fund (IMF) mission in Tirana. The meeting takes place within the Financial Sector Assessment Program (FSAP). The program evaluates the stability and health of the financial system, usually once every decade.

Yzeiraj presents government measures to improve access to finance. He focuses on expanding credit to underserved sectors. He highlights the use of sovereign guarantees. He also points to their inclusion in the “Double Your Entrepreneurship” support package. In addition, he discusses steps to establish a Development Bank.

He stresses the need to strengthen financial support for the economy. At the same time, he underlines the importance of maintaining credit standards.

Both sides exchange experiences and international best practices. They review development models used in other countries.

Yzeiraj states that financial stability plays a key role in long-term economic growth. He also says it supports Albania’s path toward European Union integration.

/a.c/