Chisinau administration is digitalised, investors have nothing to be afraid (governor of central bank of Moldova)

Administration is digitalised in Chisinau, the Republic of Moldova, so that the investors have nothing to be afraid in this respect, the governor of the National Bank of Moldova (BNM), Anca Dragu, told a conference.

"We are getting sure that all rules, at least in the banking sector, are the same rules that are applied at the level of the European Union. The banking sector offers the same stability and conditions as in any other country of the European Union. As the physical infrastructure, including motorway, connections, improves, distances, as the one between Bucharest and Chisinau, will significantly be reduced," Anca Dragu told the conference "Barometer of entrepreneurs who are building the future - Romania & The Republic of Moldova".

She underscored that investments and trust in the economy are based on a favourable economic environment, meaning a stability of prices, a slightly low level and easily to anticipate of inflation, and financial stability.

Inflation is somewhere around the target of 5pct, and the monetary policy rate, the base interest rate, is 3.6pct, which made possible a relaunch of loaning, both on the individuals segment, mortgages and consumer loans, as well as on the legal persons segment, added the governor of the central bank of Moldova.

The barometer of entrepreneurs New Money INSCOP, representing the first systematic effort to evaluate the opinions of entrepreneurs in Romania regarding the developments of the Romanian economy, was launched on Tuesday during the conference "Barometer of entrepreneurs who are building the future - Romania & The Republic of Moldova". The barometer will be carried out twice a year, presenting the opinions of entrepreneurs with respect to the development of the Romanian economy, public services and businesses, the relation with the EU and the Republic of Moldova.

The project is supported by the German Marshall Fund, Ukraine-Moldova American Enterprise Fund, Parteneriate pentru Noua Economie, Newmoney.ro, Informat.ro and Strategic Thinking Group.