TRENDS IN NATIONAL BANK OF MOLDOVA' POLICY MAKING

Ion Morozniuc ()
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Ion Morozniuc: ational Institute for Economic Research of the Academy of Sciences of Moldova and Ministry of Economy, Republic of Moldova

Contemporary Economy Journal, 2017, vol. 2, issue 1, 87-108

Abstract: NBM policies must work towards achieving its inflation targeting strategy based on classical monetary policy instruments - a major long-term priority related to creating the necessary conditions of lending. In this context, the priority related to the granting of rights of creditors, efficient mechanisms to restructure nonperforming loans, improving the business climate, raising confidence in monetary policy, stepping up cooperation between the monetary authority and business. However, the primary objective of the central bank remains the strengthening of the financial stability, optimally capitalized domestic banks, to act promptly of any risk to remediate weaknesses exposed by the crisis.

Keywords: bank assets; share; liquidity loans; deposits (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:2:y:2017:i:1:p:87-108

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