The National Bank of Moldova (NBM) launches a new explanatory video that presents, in simple terms, the role of monetary policy in each of our lives and highlights the importance of adopting the practices used by central banks in the European Union in this field.

The video emphasises that adopting EU rules and the best monetary policy intervention tools provides the central bank with the necessary framework to respond quickly and effectively to economic challenges, thereby protecting the purchasing power of every citizen.

In the European Union accession process, the NBM coordinates, alongside two other key chapters, the working group on the monetary policy chapter. This essential role reflects the institution's commitment and responsibility to enhance the resilience of the financial sector, strengthen institutional independence and contribute to a well-functioning economy that serves the interests of all citizens.

The video material points out that financial stability and inflation control are directly reflected in people's everyday decisions - from current spending and the idea of putting money aside for a trip, to long-term plans.

The video also stresses that a stable economy means security for citizens' savings and predictability for the business environment.

"Decisions regarding monetary policy are not just technical interventions, they have a direct impact on every citizen’s ability to plan for the future with confidence. By aligning with European standards, the National Bank contributes to building a sound, transparent economic framework that provides security and well-being for citizens. That is why it is important to explain financial concepts in a way that everyone can understand, and through these videos - about the negotiations that the NBM is conducting in Moldova's accession to the European Union", emphasised the Governor Anca Dragu.

This initiative reflects the National Bank’s strong commitment to supporting the European integration of the Republic of Moldova by strengthening financial stability, modernising banking infrastructure and harmonizing legislation with EU standards.

The central bank coordinates negotiations with the European Union on three chapters — free movement of capital, financial services and economic and monetary policy. The NBM is thus playing a key role in bringing the national financial system closer to the European one, generating visible results for the economy, the business environment, and citizens.

Read more about the role of the NBM in the negotiations for the integration of the Republic of Moldova into the European Union: https://bnm.md/ro/content/video.