The new head of the central bank

The Order of the President of the PMR №3 Vadim Krasnoselsky dismissed Edward Kosovsky as chairman of Pridnestrovian Republican Bank. The Head of State recommended the approval of this post of the deputy of the Supreme Council Vladislav Tydva , which had decades of experience in the banking system.

Addressing colleagues, candidate for chairman of the PRB Vladislav Tydva told about the economic downturn of the last year and maintaining the negative trend in the current.  

Parliamentarian and experienced banker Vladislav Tydva believes that the dynamic growth of Pridnestrovian economy needed a controlled exchange rate and prices, lower taxes and tariffs for energy resources, favorable investment climate, the transparent state finances. He noted that the need to take a series of measures to stabilize the situation on the currency market in the next two or three months. The plans are to appeal for financial aid to Russia. Prior to the adoption of monetary policy for 2017 will come from the central bank set the exchange rate 11-11.30 rubles per dollar. The new exchange rate will be formed based on the economic reality.

Speaking about the banking regulation and supervision, Vladislav Tydva emphasized that the work in this area is difficult. He emphasized that the financial condition of banks that have received state support is in the near future. This work is planned to attract Russian auditors who already have experience in Pridnestrovie.

Vadim Krasnoselsky emphasized that in the course change he as the head of state, will demand compensation for the loss of citizens. Separately, he stopped on the issue of consumer credit, insisting that this area requires special attention. And another priority on which the president said - termination of so-called firm-"intermediary".

Deputy corps unanimously supported the proposed candidate Vladislav Tydva for the post of Chairman of the Pridnestrovian Republican Bank.