Governor Ismaili participates in the high-level conference organized by the National Bank of the Republic of North Macedonia and Reinventing Bretton Woods Committee

The Governor of the Central Bank of the Republic of Kosovo, Mr. Ahmet Ismaili, participated as a panel speaker at the 10th Annual Conference with the topic “Central Banks and Central Banking in a Highly Complex World: Demonstrating Commitment and Preserving Credibility”, organized in Skopje by the National Bank of the Republic of North Macedonia and Reinventing Bretton Woods Committee.

This high-level conference was attended by governors, leaders, and senior representatives from the European Central Bank, the European Banking Authority, the International Monetary Fund, the World Bank, as well as the European Bank for Reconstruction and Development. During the meeting, important topics for the financial sector were discussed, such as the importance of the independence of central banks, monetary policy, stability and financial supervision, regulatory frameworks according to Basel standards, financial inclusion and the role of central banks in addressing crises.

Governor 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 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.

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.

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.