The Governor of the National Bank of Moldova (NBM), Anca Dragu, accompanied by a delegation of the NBM, attended the International Monetary Fund (IMF) and World Bank (WB) Constituency meeting of which the Republic of Moldova is a member.
Discussions focused on economic growth, inflationary risks and monetary policy measures taken by central banks, strengthening the governance of financial institutions, but also the impact of the war in Ukraine and Israel on the financial sector. Among the topics addressed were the impact of climate change, the increasing fragmentation of the economy by geographical criteria, and the prospects for economic growth in conditions of moderate productivity growth. A topic of discussion was the need to ensure adequate means to maintain global financial stability.
During the meeting, NBM Governor, Anca Dragu, invited all participants to attend the next Constituency meeting, scheduled to take place in the Republic of Moldova.
Following the visit, the NBM delegation held a meeting with Brian Mccauley, Deputy Assistant Secretary for Europe and Eurasia at the US Treasury Department. The discussions focused on the macroeconomic outlook and the central bank's reform agenda, the programme with the IMF.
The spring meetings of the IMF and the World Bank provide a unique opportunity to exchange various countries' experiences and views in the areas of economic development and financial stability in the context of current regional and global developments as well as in the longer term. They are attended by representatives of similar authorities from all countries where the two international organisations are present, as well as by representatives of development partner, entities and organisations.
