en

 

Economy
08 March, 2026 / 13:20
/ 5 days ago

IMF confirms reliability of National Bank of Moldova, effectiveness of its monetary policies

The National Bank of Moldova (BNM) has welcomed the conclusions of the Executive Board of the International Monetary Fund (IMF), formulated following the consultation under Article IV of the IMF’s Articles of Agreement with  Moldova, published in late last week. According to the BNM, these conclusions reaffirm the role of the central bank as a reliable institution, with prudent and effective policies, in an economic and geopolitical context marked by uncertainty.

According to this assessment, the prompt and appropriate response of the BNM to the inflationary pressures generated by the energy shock of 2025 contributed to stabilizing the macroeconomic environment and to bringing inflation back in 2026 within the target range set by the central bank, of 5% ± 1.5 percentage points.

At the same time, the IMF appreciates the prudent approach to monetary policy, highlighting the importance of maintaining a strategy that is conditional on developments in inflation and economic growth.

The IMF also confirms that the banking sector of Moldova remains sound. Thus, the supervisory and macroprudential measures implemented by the BNM have supported the maintenance of the financial stability. The IMF notes the close monitoring of risks associated with the growth of lending and developments in the real estate market, as well as the ongoing efforts to strengthen the regulatory and supervisory framework.

The IMF has encouraged the strengthening of aspects related to the independence and governance of the central bank, which are considered key factors in maintaining the credibility of the BNM’s policies. The IMF also mentioned that maintaining exchange rate flexibility and ensuring adequate foreign exchange reserves were important for absorbing potential shocks.

 


 
Latest News
/ 4 days ago

Agriculture Minister: We are seeking balance in trade with Ukraine without sacrificing quality standards

/ 4 days ago

Government declares energy sector alert in connection with Middle East war

/ 4 days ago

Moldova prepares new development model for airport sector

/ 4 days ago

Wage inequality reaches critical level: women of Moldova worked 41 extra days for same income

/ 4 days ago

War in Iran shakes energy markets: Will Moldovans pay more for gas and fuel?

/ 4 days ago

Moldovan Food Safety Agency adjusts control regime for milk imports from Ukraine: reinforced monitoring remains in place only for bulk products

/ 4 days ago

Moldovan government seeks balanced solutions to fuel crisis; cabinet's solution economic stability

/ 4 days ago

Moldovan–Japanese agricultural partnership continues: JICA prepares new financing line for Moldovan farmers

/ 5 days ago

Moldova’s agricultural sector grows: total output up by almost 14 per cent in 2025

/ 5 days ago

Road, railway, logistics projects discussed with delegation of Greece in Chisinau

/ 5 days ago

Moldovan Energy Regulatory Agency says events in Persian Gulf region influence international oil prices

/ 6 days ago

MIA system becomes available for transfers between companies

/ 28 February, 2026

Moldova’s economy recovers after multiple shocks; IMF forecasts 2.3-per cent growth in 2026

/ 27 February, 2026

VIDEO // Strategic investment in poultry sector: new, one-of-a-kind feed factory in Moldova being built with EU's financial support