Moldova attends annual meetings of IMF, World Bank in Washington

Chisinau, April 27 / MOLDPRES /- Moldovan delegation led by Finance Minister Dumitru Budianschi and National Bank Governor Octavian Armașu held bilateral meetings with officials from the International Monetary Fund (IMF), the World Bank Group, the European Bank for Reconstruction and Development (EBRD) and members of the IMF / WB Constituent Assembly at the annual spring meetings in Washington, USA, the IMF and WB held on 19 -24 April.

Discussions focused on the implementation of the program with the International Monetary Fund, the global economic situation and that of the Republic of Moldova, bilateral cooperation, the effects of the war in Ukraine, the fight against inflation, etc. The representatives of our country had meetings with several officials and officials from these institutions.

The topic addressed in this format further focused on the impact of the armed conflict in Ukraine on the macroeconomic situation, measures to reduce inflationary pressures, and support for Ukrainian refugees in Moldova.

During these meetings, the agenda of reforms in the banking sector of the Republic of Moldova, which proved its resilience during the last crises, as well as the development of the Twinning project, recently launched to strengthen our financial system, were also discussed. The heads of the central banks of Lithuania, Belgium and the Netherlands have shown openness and support for the reforms carried out by the National Bank of Moldova.

The spring meetings of the International Monetary Fund and the World Bank are a major opportunity for an exchange of experiences and views of various countries in the fields of economic development and financial stability in the context of current and long-term regional and global developments.

Photo: BNM