banknote are the symbol of flag and national anthem - the main symbols of our national identity - accompanied with the portrait of the distinguished poet of the albanian national renaissance, at the same time, author the “ national anthem ”, aleksander stavre drenova - commonly known by the pen name “ asdreni ”. the presentation of a new series of banknotes means more than a simple change of its image. the bank of albania continuously improves the quality of the banknote in circulation, aiming to preserve its integrity. both new banknotes, like all the other denominations of the new series, contain advanced security features. they are produced with cutting - edge technologies for banknote printing and personalised by denomination. the 1000 lek banknote integrates the raised print in the portrait of pjeter bogdani, numerals, lettering, and in the short lines, which help the visually - impaired people to easily identify and recognise the banknote. the security thread turns into a dark solid line when holding the banknote against the light, and changes colour from green to purple at different angles ; the sun symbol with colour - changing image depending on the tilting angle ; and on the back, the iridescent stripe at the centre that displays the value 1000 leke. the 10000 lek banknote integrates the raised print in the portrait of asdreni, numerals, lettering and in other areas of the banknote, as well as the element which helps the visually - impaired people to easily identify and recognise the banknote. the watermark image ; the hologram accompanied by various optical effects ; the security thread which turns into a dark solid against the light and changes colour from green to purple depending on titling angel ; and on the back, the iridescent stripe at the centre that displays the value 10000 leke. a safe banknote means that we can use cash securely and easily for its identification as a genuine banknote. this is the foundation of a sound financial system : confidence in the core financial operations where currency has its implacable role as an intermediator. from 30 june 2021, the banknotes of the new series 1000 lek and 10000 lek will be legal tender in the republic of albania and will be used as means of payment, alongside the existing banknotes. seeing the beauty and quality of these banknotes, i can absolutely tell you that the work done for their realisation was too valuable. hence,

the bank of albania suggests the periodic review lending activity pension scheme, health insurance scheme and other social insurance schemes, with the aim to maintain these schemes on a stable trajectory and affordable for the state budget. on the management of public - private partnership programmes the public - private partnership programmes ( ppp ) present potential risks to public finances. in this context, the bank of albania welcomes the heightened attentiveness in the draft budget toward potential ppp risks. we also welcome the strengthening of the role of the ministry of finance and economy in conducting a preliminary analysis of these projects and continuously monitoring them. however, in line with our previous position, the bank of albania suggests : including an overall upper limit on the ppps total value. this regulation would supplement the control of the level of potential risk that ppps would have on the soundness of public finances. the integration of contracting and selecting of ppps process with strategic program of investments, as identified in the long - term development programs of the country. finally, continuously improving the professional capacities of units that manage the assessment, contraction and monitoring of these projects, particularly regarding legal and financial obligations that they pose to the budget. * * * honourable chair, dear ladies and gentlemen, thank you for your attention! 6 / 6 bis - central bankers'speeches