Moldova has made progress in modernizing its financial system and is striving for economic stability and sustainable development
This was said during the joint meeting of the IMF and World Bank Constituent Assembly held in Washington, attended by a delegation of the National Bank of Moldova (NBM), headed by Governor Anca Dragu. During the meeting, Moldova's commitments in terms of economic stability, sustainability and European integration were reaffirmed. The event was attended by the leaders of the IMF and WB member states to analyze the main challenges of the current economic and geopolitical context, paying special attention to the impact of conflicts in the region and the importance of strengthening international solidarity. In the context of the ongoing confrontation between Russia and Ukraine, Moldova, along with other countries, reaffirmed its strong support for Ukraine. Discussions focused on building economic resilience in the face of geopolitical risks, inflationary pressures and the effects of climate change. Moldova supported the common position on the need for a green transition and commitment to global climate goals. Another central topic of discussions was the impact of digitalization and artificial intelligence on the economy and financial markets. It was noted that Moldova has made progress in modernizing its financial system in this regard. In parallel with stimulating financial innovation, the National Bank of Moldova emphasizes the importance of maintaining high regulatory standards to support sustainable economic development. “Moldova demonstrates that through consistent reforms and strategic partnerships it can build a stable and prosperous European future. In the face of global and regional challenges, we maintain our commitment to financial stability, transparency and sustainable development,” Anca Dragu emphasized. The joint meeting of the IMF-WB Constituent Assembly, of which Moldova is a member, is a forum for coordinating the positions of the member countries, facilitating the adoption of common approaches to global economic problems and strengthening multilateral cooperation. Moldova is part of the Constituent Body, led by Belgium and the Netherlands, together with Andorra, Armenia, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Luxembourg, Northern Macedonia, Montenegro, the Kingdom of the Netherlands, Romania, and Ukraine. Each of this group of countries is represented in the IMF and WB decision-making forums (Boards of Executive Directors of the IMF and WB) by one Executive Director elected for a 4-year term. // 24.04.2025 - InfoMarket.
