On June 11, the government approved the National Capital Market Development Strategy for 2025-2030. Popularization of financial instruments, reliability and predictability, technological development should increase investor confidence and make the capital market attractive. This is the main goal of the document.
Diversification of investment opportunities is supposed to be achieved through the development of new financial instruments, with a focus on the expansion of the bond market in important areas of investment. Mortgage, green, and project bonds will become common attributes of investment transactions, the government hopes.
Another task is to expand companies’ access to long-term financing, informing them about opportunities available only in the capital market. The financial intermediation sector should help solve this task.
The strategy also envisages technological modernization of the capital market. Access to instruments will be facilitated by creating a platform on which electronic auctions can be conducted, secure and cost-effective clearing operations integrated into the regional market will be possible.
The strategy also contains a number of benchmarks and its implementation will be monitored by the National Financial Market Commission, which will submit semi-annual and annual reports to the Parliament.
