National Bank of Moldova, World Bank Group appreciate Moldova's results in implementing economic, financial reforms during dialogue

The executive director of the World Bank Group (WBG) for Moldova, Eugene Rhuggenaath, has appreciated the country's achievements in implementing economic and financial reforms. He particularly noted the successful completion of the Financial Sector Assessment Programme (FSAP) and recent accession to the Single Euro Payments Area (SEPA). The position was expressed at a meeting with a delegation of the National Bank of Moldova (BNM), led by Governor Anca Dragu.

The discussions took place on the sidelines of the Annual Meetings of the World Bank Group and the International Monetary Fund, held in Washington.

According to BNM, the discussions focused on the macroeconomic prospects of  Moldova, the results of the FSAP exercise and technical cooperation between BNM and the World Bank Group in the areas of digitization, financial inclusion, and sustainable financing.

The participants in dialogue presented the main recent economic developments, noting that inflation stays on a downward path and economic growth in 2025 surpassed initial forecasts, supported by the recovery in agriculture and the revival of investments, BNM said.

In the context, Governor Anca Dragu emphasized that BNM's priority was maintaining financial stability, strengthening institutional governance and continuing structural reforms that support the European path of Moldova.

The discussions also covered ongoing joint projects under the World Bank Group, including: the M-GROW programme, which supports investments and strengthens public institutions, initiatives on sustainable financing and green transition, the Roadmap for Sustainable Financing of Moldova 2024–2028 and the Sustainable Finance Taxonomy, as well as the development of the National Financial Inclusion Strategy, aimed at expanding access for the population and small enterprises to modern financial services.

During the meeting, Governor Anca Dragu said that the World Bank's support contributed to strengthening BNM's institutional capacities and aligning the regulatory framework with European standards.

“Through joint projects dedicated to digitization, financial inclusion and the transition to a green economy, we are building a more modern financial system and closer to European standards. Bilateral cooperation contributes to enhancing the economic resilience of Moldova and strengthening its position in the international financial space,” Governor Anca Dragu stressed.

The World Bank Group is one of the main development partners of Moldova, supporting projects and reforms in financial stability, inclusion and sustainable development. The current WBG portfolio in Moldova exceeds one billion dollars and includes projects in infrastructure, energy, education, agriculture and digital transformation.