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The NBM is committed to maintaining price stability to ensure a predictable economic environment - Petru Rotaru

The NBM is committed to maintaining price stability to ensure a predictable economic environment - Petru Rotaru

First Vice-Governor of the National Bank of Moldova (NBM) stated this while speaking at the International Conference “Economic Growth in the Face of Global Challenges: Consolidation of National Economies and Reduction of Social Inequalities,” organized by the National Institute for Economic Research of the Academy of Economic Studies of Moldova. The conference, now in its 19th edition, brought together researchers, experts, scientists, and decision-makers and provided a platform for dialogue and cooperation to find evidence-based solutions and develop innovative and sustainable policy recommendations. According to the National Bank, in his speech, Petru Rotaru emphasized the NBM's commitment to maintaining price stability to ensure a predictable economic environment in which citizens have access to goods and services and can confidently plan their spending in accordance with their needs. He noted that financial stability also provides a guarantee for investors, creating a predictable and favorable environment for sustainable development. “Through all its actions, the NBM ensures the functioning of a stable and transparent financial system capable of supporting economic growth,” emphasized the First Vice-Governor of the NBM. In his speech, he noted that economic stability and the achievement of Moldova's development goals are also based on cooperation between state institutions to harmonize the legal framework with European standards and introduce international best practices. In this context, Petru Rotaru noted that the National Bank is promoting the modernization of the banking system through technologies that comply with European standards, and that the digitization of financial services is a strategic priority, as confirmed by Moldova's accession to SEPA - the Single Euro Payments Area. “Since October 6, Moldova has been an active part of SEPA, and for the business environment, this European financial connection means lower transaction costs, which increases competitiveness and promotes trade and investment,” said Petru Rotaru. In conclusion, the First Vice-Governor of the NBM emphasized that legislative, institutional, and functional reforms in the process of harmonization with European standards contribute to the development of a financial system with real opportunities for the business environment, and that discussions at the scientific and practical levels can generate real solutions for economic growth policies. // 10.10.2025 – InfoMarket.

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