Governor of the Bank of Albania, Gent Sejko, announced on Wednesday that the Albanian economy is showing stable performance, leading the central bank to keep the base interest rate unchanged at 2.5%.

According to Sejko, economic growth forecasts remain positive despite challenges in international markets.

“Economic growth is expected to be between 3.5% and 3.7% for both 2025 and 2026,” he said, adding that sectors linked to imports are expanding, while export-oriented industries are slowing down.

Regarding inflation, the Governor stated that it is expected to return to the 3% target during the first half of 2026. Currently, inflation stands slightly higher at 2.4%, driven mainly by rising rental prices and stabilizing oil prices, while food prices continue to decline.

Another focus for the Bank of Albania is reducing the use of cash and advancing digital payments. Starting from October 7, the SEPA system will be implemented, significantly lowering transfer fees both domestically and in euros.

“We are working toward formalizing the economy. There will be no commission fees for transfers up to 40,000 ALL, and reduced fees for larger amounts,” Sejko emphasized, noting that the goal is a stronger and more inclusive economy.