Moldovan parliament speaker meets IMF experts

13:51 | 13.07.2016 Category: Official

Chisinau, July 13 /MOLDPRES/ – Parliament Speaker Andrian Candu today met the team of experts of the International Monetary Fund, led by Ivanna Vladkova-Hollar, on a visit to Chisinau on July 5 – 15, 2016, the parliament's communication and public relations department has reported.

The discussion focused on the stage of implementing the strategy of reforming the financial and banking sector, as well as on phases of developing and adopting the legislation on creating new instruments of regulation and supervision of the National Bank of Moldova, in the context of strengthening the independence of the institution and banking sector.

The parliament speaker referred to the Roadmap arrears in terms of ensuring the independence and supervisory powers of BNM, noting that the Parliament made sustained efforts to carry them out in the next weeks. It is about adoption of the institutional and regulatory instruments as for the legal instruments for the systemic banking crises and the special legislation on the central depository.

In this context, Andrian Candu and Ivanna Vladkova-Hollar highlighted the importance of establishing, together with the Bank’s management, a list of key actions to be taken by the end of the spring session of the Parliament, as well as in the coming months, given the complexity and sheer volume of the new banking legislation.

The speaker informed the IMF team of experts about developments in the selection of candidates for the positions of members of the Supervisory Board. Candu assured that the parliament fully supported BNM in completing the internal capacity building.

“The signing of a new agreement with IMF is very important both to restore the confidence of citizens and foreign partners, and for ensuring a lasting stability of the country. Parliament and Government will continue working as a team to achieve in time the commitments on which the signing of a new agreement depends, along with the implementation of key reforms in justice, fighting corruption, energy sector," said Andrian Candu. The speaker emphasised that the IMF expertise and monitoring under a new agreement would help ensure the success of reforms underway.

(Editor L. Alcaza)

Any material published on the website of the Public Institution ’’A.I.S. Moldpres’’ (Moldpres News Agency) is intellectual peoperty of the Agency, protected by the copyright. The taking over or/and use of these materials will be made only with the Agency’s agreement and with compulsory reference to source.