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Chisinau turns into international financial center

This week Chisinau will be an international financial center. Around 100 representatives of central banks and ministries of finance from the member countries of the Constituency of the International Monetary Fund and the World Bank will meet in Chisinau on July 10-12, IPN reports.

According to the NBM, the participants will discuss topics related to global economic developments, regional challenges, as well as ways of learning from the experiences and policies of the IMF and the World Bank.

The event will be attended by high-ranking officials from the two international organizations: Kenji Okamura, Deputy Managing Director of the IMF, Paul Hilbers, Managing Director of the IMF for Moldova, Eugene Rhuggenaath, Managing Director of the World Bank for Moldova, Antonella Bassani, Vice President for Europe and Central Asia of the World Bank Group, and other officials. Also, in the July 11 meeting, President Maia Sandu and Prime Minister Dorin Recean will give welcoming speeches.

The event is organized by the National Bank of Moldova and the Ministry of Finance. “This meeting is an opportunity to discuss the continuation of structural reforms, attraction of foreign investment and ways to create a competitive and transparent business environment. We will also analyze how we can maximize the benefits of international cooperation and how we can use the IMF’s expertise to achieve our development goals,” said NBM governor Anca Dragu.

The Republic of Moldova is a party to the Constituency led by Belgium and the Kingdom of the Netherlands since August 12, 2012 along with Andorra, Armenia, Belgium, Bosnia and Herzegovina, Bulgaria, Cyprus, Croatia, Georgia, Israel, Luxembourg, the Republic of North Macedonia, Montenegro, the Kingdom of the Netherlands, Romania, and Ukraine.

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