Kristalina Georgieva and Anca Dragu
According to an official statement, NBM Governor Anca Dragu noted during a meeting with IMF Managing Director Kristalina Georgieva “the importance of the technical assistance provided by the IMF for strengthening the institutional capacity of the National Bank.” Priorities include, in particular, implementing the recommendations of the Financial Sector Assessment Program, strengthening the financial stability framework, developing macroprudential policy, and modernizing the monetary policy framework.
In this regard, the National Bank seeks to advance the process of recognizing the equivalence of the Republic of Moldova’s prudential banking system with European Union standards, which is an important step toward strengthening confidence in the national banking system and reducing investment risks.
“Cooperation with the International Monetary Fund, including through the Policy Coordination Instrument agreed upon at the expert level, remains important for strengthening macroeconomic stability, strengthening the institutional framework, and supporting the reforms necessary for the Republic of Moldova’s European path,” emphasized the head of the National Bank of Moldova.
At the meeting, participants will jointly develop financial and economic policies aimed at macroeconomic stability and ways to respond to global challenges. Key topics include regulators’ policies on public debt management during crises, the adoption of financial technologies and digital payments, and the resilience of the European economies that are part of this group.
