Analysis of independence for bank of Albania

Abstract

The main objective of the Bank of Albania is to achieve and maintain price stability. Other objectives of the 
subject BOA its main objective, to promote the preservation of liquidity, solvency and proper functioning of the 
banking 
system 
based 
on 
market 
principles. 
Typically, a central bank may perform a combination of three main functions. First, it can execute a macro 
function, through the exercise of monetary policy to soften, which affects the price level, and through its foreign 
policy. Secondly, it can perform a function of the micro-level sectorial, offering support and regulatory and 
supervisory services for the banking sector performance. Third, the central bank often has a special relationship 
with the state and may perform some secondary functions, among them, he banker and fiscal agent or the 
economic adviser.