“Monetary independence and the national currency are essential elements of our identity,” Octavian Armașu claims

On the occasion of the 30th anniversary of the introduction of the Moldovan Leu, an official ceremony was held, bringing together high-ranking officials from Moldova and abroad, ambassadors, representatives of international financial institutions, the financial-banking and academic sectors, as well as civil society, scientists, and creative individuals.

Governor of the National Bank of Moldova (BNM), Octavian Armașu, delivered a message expressing gratitude to Romania after the Parliament in Bucharest adopted a resolution on the European perspective of the Republic of Moldova. Armașu emphasized the importance of the national currency as a symbol of sovereignty, a means of transaction, and a shield of protection against global economic challenges. He stressed the necessity for all state authorities to respect the independence of mandates and missions in their daily work to maintain economic and social stability for citizens.

In his opening remarks, Armașu highlighted the essential role of monetary independence and the national currency in Moldova’s identity.

“We are determined to continue on the path of innovation and stability… Work and responsibility are the two ingredients postulated by the National Bank of Moldova, complemented by full commitment, independence, and professionalism,” stated Governor Armașu.

Prime Minister Dorin Recean urged mobilization to transform the national currency into a symbol of prosperity. He encouraged people to take pride in the Leu and emphasized the government’s promotion of the digital agenda.

“We must work diligently, grow the economy, increase productivity, and build robust, efficient, and resilient institutions to be competitive in a future monetary union,” concluded Prime Minister Recean.

Governor of the National Bank of Romania (BNR), Mugur Isărescu, described the Moldovan Leu as “a symbol of courage, strength, and pride”. He acknowledged the significant efforts of successive BNM leadership in transforming the financial sector into a stable, efficient, and sustainable one.

The first Governor of the National Bank of Moldova, Leonid Talmaci, noted the challenges and successes the BNM has experienced in its 30-year history, expressing a wish for the successful implementation of banking legislation aligned with the highest European standards.

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Congratulations were extended during the event by high representatives of the International Monetary Fund (IMF), Paul Hilbers, Executive Director of the IMF, and Mark Horton, Deputy Director of the IMF European Department, who were visiting Chișinău at the invitation of the BNM.

The official ceremony was part of a series of events organized by the National Bank of Moldova to mark the 30th anniversary of the introduction of the Moldovan Leu. These included a roundtable discussion on the journey of the Moldovan Leu, financial education events, exhibitions, and competitions.

On this occasion, five commemorative coins were launched, including two in gold and silver, dedicated to the Moldovan Leu. The Moldovan Leu, introduced into circulation on November 29, 1993, has become a symbol of the country’s sovereignty and independence, alongside other attributes.

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