BQK - Central Bank of the Republic of Kosovo

10/02/2024 | Press release | Distributed by Public on 10/02/2024 05:56

Governor Ismaili participates in the high-level...

02/10/2024

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Ismaili participated in the panel with the topic "Stocktaking on the most recent crisis episode: lessons learned on (and?) the way forward", chaired by Mr. Sebastian Sosa, Regional Resident Representative for the Western Balkans, IMF. The panel included representatives from the Central Banks of Croatia, Belgium, Lithuania, the European Investment Bank and the Brookings Institution.

During his speech, Governor Ismaili discussed how to address the challenges of recent years, key macroeconomic indicators and developments in the banking sector of Kosovo. He elaborated on the regulatory instruments and policies available to the CBK and presented the measures taken to mitigate the effects of global crises. Furthermore, he also emphasized the activities of the CBK aimed at increasing the stability of the financial system, so that in cases of possible challenges, provide confrontation with as small as possible consequences for the economy and the financial sector of the country.

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On the margins of this conference, Governor Ismaili held meetings with counterparts from the central banks, high representatives of the regulatory authorities of the European Union and international financial institutions.

The CBK continues to strengthen cooperation relations with the central banks of the region and the EU, as well as with international financial institutions, in order to improve the stability of the financial system and achieve its objectives.