Our current system of monetary policy implementation allows this to be operationally simple, as the focus is on maintaining settlement cash above a sufficient level, rather than managing every change to the settlement cash level. In part, this speech also seeks to address some of the commentary and confusion that there has been around the role of settlement cash in the economy.
A very important role in filling this space is played by the Kosovo Credit Guarantee Fund, which, through its guarantee mechanism, will enable the increase in lending and ease the conditions of access to credit.