Bank of Albania, unable to make decisions

Bank of Albania, unable to make decisions

The Bank of Albania is now unable to make decisions, as 6 members of the Supervisory Council have completed the term of their mandate.

As such, the meeting of the Supervisory Council of the Bank of Albania, which was scheduled for 7 November 2018, did not take place in anticipation of the election of new members of this Council.

The head of the Economics Commission states that the Council must be operational as soon as possible, and asks the Government and the Assembly to cooperate to resolve the problem.

The Bank of Albania's candidates are expected to be selected by Parliamentary Groups from the list of 15 names they have applied.

The Assembly must select 3 candidates for the members of the Supervisory Council, while the other three members are selected by the Government.

EMISIONET