Moldova, with IMF support, will continue implementing reforms to strengthen the financial sector, economic sustainability and advance on the European path – the NBM
This was announced by the Governor of the National Bank of Moldova (NBM), Anca Dragu, at a meeting in Washington with the Deputy Managing Director of the International Monetary Fund, Kenji Okamura. According to the National Bank, the discussions focused on the implementation of the current IMF-supported program in Moldova, the Financial Sector Assessment Program (FSAP), technical assistance provided by the IMF, macroeconomic framework and medium-term prospects, as well as the European Union's strategy for Moldova's energy independence and sustainability. During the meeting, Anca Dragu said that close cooperation with the IMF has been a determining factor for Moldova's progress in key areas such as banking supervision, financial sector governance and increased transparency of economic policies. “These efforts directly contribute to the creation of a stable and predictable climate that benefits the entire society,” Anca Dragu said. The discussions focused on the Financial Sector Assessment of Moldova (FSAP), conducted by the IMF and the World Bank at the request of the NBM, which will contribute to strengthening the NBM's capacity to manage financial risks and promote economic stability. At the same time, the IMF and WB support will contribute to promoting economic reforms, improving the quality of life of citizens and creating favorable conditions for long-term sustainable development. The topic of energy sustainability in the context of new global challenges and strategic objectives of Europe was also discussed. It was emphasized that ensuring Moldova's energy independence remains a key priority, integrated into the reform agenda supporting long-term security and stability. The Dialogue also provided an opportunity to explore new directions of institutional cooperation, including in the field of economic research and analysis, which are important components to justify decisions in the monetary and macro-prudential policies. The NBM delegation, headed by President Anca Dragu, is participating in the World Bank Group and IMF Spring Meetings, a global forum that brings together economic and financial leaders to discuss current economic issues. The events will continue until April 26. // 24.04.2025 - InfoMarket.
