The EBRD will contribute to creating a more competitive private sector, improving the business environment and increasing the financial sector's sustainability.
This was announced by the head of the European Bank for Reconstruction and Development's representative office in Moldova, Catarina Bjorlin Hansen, at a meeting with the Governor of the National Bank of Moldova (NBM), Anca Dragu. According to the National Bank, the sides discussed the framework of Moldova's cooperation with the EBRD, the current technical assistance projects used by the NBM, as well as the state of the banking and non-banking financial sectors in Moldova. The sides also discussed the priorities of the EBRD Country Strategy for Moldova for 2023-2028, approved by the EBRD Board of Directors. Among them are the creation of a more competitive, inclusive and sustainable private sector, the improvement of governance and business environment, as well as the enhancement of the financial sector's sustainability. As it was noted, investment and reforms are key elements of the EU accession process. In this context, Anca Dragu emphasized the exceptional importance of the NBM's partnership with the EBRD in supporting reforms and the private sector. It was emphasized that the EBRD's investments are meant to stimulate other significant private investments, while naturally respecting the rules of governance. In this context, the NBM governor stressed the importance to continue the strategic dialogue with development partners in order to enhance the financial sector's sustainability, including by harmonizing the domestic regulation with the EU standards. // 22.01.2024 - InfoMarket.
