The ease in monetary decision continues the stimulative monetary policy measures adopted since the end of last year.

Discussions covered a wide range of topics, including the current macroeconomic situation, progress achieved under the IMF-supported financing program of Moldovan authorities, and the reform agenda of the National Bank of Moldova.

During the year 2022, the National Bank of Moldova continued the process of prudential supervision of banks, following the legal requirements, in order to ensure the stability and viability of the banking system.

The National Bank of Moldova (NBM) organised a workshop for the members of the banks’ Board of Directors.

In January 2023, the currency in circulation (M0)  amounted to MDL 33,291.5 million, decreasing by MDL -1,114.4 million (3.2%) compared to December 2022.

In January 2023, new term deposits extended accounted for MDL 4,845.4 million, decreasing by -27.9% compared to December 2022.

In January 2023, new loans extended totalled MDL 3,127.7 million, decreasing by 28.6% compared to December 2022.

In January 2023, the monetary base decreased by MDL 1,497.8 million (2.0%) compared to the previous month and amounted to MDL 73,481.8 million, being 27.9% higher than in the similar period of the previous year.

The annual rate of core inflation will decline rapidly over the current year, then increase slightly by the end of the forecast horizon.

As of the end of the 4th quarter of 2022, the offer price for residential property in Chișinău has recorded the next consecutive decrease following the previous quarter.

This decision is adopted from the perspective of ensuring the continuity of stimulus measures in the context of the monetary policy relaxation cycle started at the end of the previous year amid well-founded premises associated with the creation of a disinflationary macroeconomic framework.

The National Bank of Moldova advises citizens to inform themselves before making investments to avoid fraud schemes that are spreading worldwide in the field of information technologies, our country not being an exception.

In December 2022, the currency in circulation (M0)  amounted to MDL 34,406.0 million, increasing by MDL 2,694.5 million (8.5%) compared to December 2021.

In December 2022, the monetary base   increased by MDL 583.4 million (0.8%) compared to the previous month and amounted to MDL 74,979.6 million, being 30.3% higher than in the similar period of the previous year.