Albanian Central Bank

Albanian Central Bank governor Gent Sejko at a press conference in Tirana on July 6, 2022. Photo: LSA

Bank governor Gent Sejko warned the country that a current inflation rate of 6.7 per cent might not have peaked, adding that while the country is expected to avoid a recession, growth will likely fall.

A new privately run stock exchange is due to open in Albania in October, after three years of the country not formally having such an institution.

The Tirana Stock Exchange, TSE, opened in 1996, first as a department of the Albanian Central Bank and later as a joint-stock company.