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Schedule of reception of citizens by the Executive Board of the National Bank of Moldova.
The registration of applicants for an audience is carried out based on a written request on the subject addressed.
Anca Dragu, Governor
1st Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Vladimir Munteanu, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
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National Bank and the members of its decision-making bodies shall be independent in exercising the tasks conferred upon them by law, and shall neither seek nor take instructions from public authorities or from any other authority.
In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.
National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.
National Bank is exclusively responsible for the licencing, supervision and regulation of financial institutions activity.
National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.
National Bank of Moldova supervises the payment system of the Republic of Moldova and promotes a stable and efficient functioning of the automated inter-bank payment system
National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament.
National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.
National Bank of Moldova is responsable for the compilation of the balance of payments, international investment position and the statistics of the external debt of the Republic of Moldova.
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„Moldova’s strong commitment to the Fund-supported program has contributed to a further strengthening of the economy”, is shown in the IMF press release, issued on 29 June 2018, following the IMF Executive Board completed the third review of the Republic of Moldova’s program under the Extended Credit Facility and Extended Fund Facility arrangements.
The completion of the review makes available SDR 24 million (about USD 33.8 million). The ECF/EFF arrangements in a total amount of SDR 129.4 million (about USD 178.7 million, or 75 percent of the Republic of Moldova’s quota) were approved on 7 November 2016.
The IMF Executive Board encouraged the authorities to continue the reforms in the financial and banking sector, the prudential management of the public finances and the improvement of the energy sector’s operating framework.
In particular, the Deputy Managing Director and Acting Chair, Tao Zhang, made the following statement: „ Significant progress is being made in cleaning up the financial sector, notably by securing transparency in systemic banks and amending the framework to remove unfit shareholders. Further efforts are required to complete identification of beneficial owners and remove unfit shareholders; to improve banks’ risk management; and to address related party issues, including credible time bound plans to unwind excessive exposures. In addition, there is a need to facilitate the orderly exit of the second largest bank from temporary administration.”
The IMF Program for the Republic of Moldova was approved on 7 November 2016 for a period of three years. The funding is provided through two lending mechanisms: the Extended Financing Facility (EFF) and the Extended Credit Facility (ECF), for a total amount of SDR (Special Drawing Rights) 129.4 million (about USD 183.1 million).
IMF Press Release may be accessed at: https://www.imf.md/press/pressw/press-180629ro.html
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