The Governor of the National Bank of Moldova (NBM), Anca Dragu, along with a delegation from the NBM, participated in the Constituency meeting of the International Monetary Fund (IMF) and World Bank (WB), representing the Republic of Moldova.
Conversations at the meeting delved into main economic themes, such as fostering economic growth, mitigating inflationary risks, and discussing monetary policy initiatives undertaken by central banks. There was also a focus on fortifying the governance of financial institutions while acknowledging the ramifications of geopolitical events like the conflicts in Ukraine and Israel on the financial sector.
Additionally, topics encompassed the impact of climate change, the evolving economic landscape based on geographical considerations, and the prospects for economic advancement amid moderate productivity growth. Ensuring adequate resources to uphold global financial stability was also a key agenda item.
Governor Anca Dragu invites all attendees to join the upcoming Constituency meeting, slated to occur in the Republic of Moldova.
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After the meeting, the NBM delegation engaged in discussions with Brian Mccauley, Deputy Assistant Secretary for Europe and Eurasia at the US Treasury Department. These discussions revolved around the macroeconomic forecast, the central bank’s reform agenda, and the ongoing program with the IMF.
The spring meetings of the IMF and World Bank serve as a valuable platform for nations to exchange experiences and perspectives on economic development and financial stability, considering immediate regional and global dynamics and longer-term trends. Representatives from all countries with IMF and WB presence along with development partners and entities, participate in these sessions, fostering collaboration and knowledge sharing.