Central Banking

Bank of Albania foresees strong inflation control

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The Bank of Albania has adopted the monetary program for 2001, which foresees a stronger control on the monetary offer, and on inflation. The Bank of Albania aims at reaching an increase of money offer of 11.2%. "For composition of this monetary offer, according to different aggregates, in the program are taken into consideration two important tendencies countered during 2000, such as increase of the ratio between money outside banks against the total money, and the increase of the ratio of

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