Albanian keeps basic interest rate unchanged
Bank of Albania (BoA) Governor Ardian Fullani on Wednesday said the bank will keep its basic interest rate for Albanian Lek (ALL) unchanged at 3.75 percent, and reconfirmed the bank's previous economic projection for the country.
Fullani said in a regular monthly press conference that the BoA decided to keep its projection for Albanian economic growth at the same level as in 2012. He added that annual inflation is expected to stand at 2.1 percent.
The governor stressed that BoA once again pointed to importance of maintenance of fiscal equilibrium and control on deficit and public debt.