The NCFM launches capital market diagnostics in Moldova with the support of the USAID MISRA Project.
This was announced by the National Commission on the Financial Market, noting that it is developing a Strategy for the Development of the Capital Market of Moldova for 2025-2028, which must be approved by the government and adopted by parliament. In this context, the USAID project "Institutional and Structural Reforms in Moldova" (MISRA) will support the NCFM in developing a comprehensive analysis of the capital market in Moldova (capital market diagnostic), which will form the basis of the strategy and will be carried out in accordance with the practical guidance developed by the World Bank to develop capital markets in countries with small economies. The NCFM emphasized that a strong capital market promotes economic growth by mobilizing resources and savings of the population and providing alternative sources of financing for the government and the private sector. In this context, an analysis of the capital market in Moldova, which is at an early stage of development, will help regulators in developing a regulatory framework that will become a catalyst for the development of the capital market in our country. Also, the development of the capital market in Moldova will increase the country’s attractiveness for foreign investors, and will also help strengthen the stability of the financial system. As part of the analysis of the capital market in Moldova, various segments of the capital market will be considered: money market, government debt market or government securities market, stock market and corporate bonds. At the same time, the analysis will include specific proposals for the development of each segment, which will subsequently be reflected in the state policy document for the development of the capital market. // 17.04.2024 — InfoMarket.
