The Supreme Council
of the Pridnestrovian Moldavian Republic

Official Website

The Pridnestrovian Republican Bank presented the main directions of the monetary and credit policy for the next year

06.11.2024

The main directions of the unified state monetary and credit policy, according to the legislation, are determined and implemented by the Pridnestrovian Republican Bank within the framework of the unified economic policy of the state. The Central Bank forms goals and objectives that ensure the sustainable functioning of the monetary and currency sphere in order to achieve stable rates of economic development of the republic.

The information on the main directions of the unified state monetary and credit policy for 2025 was presented to parliamentarians today at a plenary session of the Supreme Council of the Pridnestrovian Moldavian Republic by the head of the Pridnestrovian Republican Bank Vladislav Tidva. The PRB will retain next year the approaches to monetary policy used, according to him.

As noted in the document, the main goal of the monetary policy will be to support economic growth, maintain stability in the financial sector of the republic, ensure a balance of interests between the stability of the domestic currency market and maintain the continuity of work of participants in foreign economic activity. However, regulation of the currency market and liquidity of the banking sector will depend on the prevailing economic conditions. The application of the necessary measures will be carried out promptly in such conditions. The Central Bank of Pridnestrovie reserves the right to revise the key parameters of the monetary policy in the event of a negative development of the situation in the domestic and foreign markets, in order to ensure macroeconomic stability in the republic. The Pridnestrovian Republican Bank plans next year to continue improving the legislative framework in the sphere of regulation of the activities of credit, insurance and microfinance organizations, as well as pawnshops, in the sphere of the payment services market, in the field of combating the legalization of proceeds from crime and the financing of terrorism. Legislative regulation of the designated areas will create conditions for the development of the financial market with more effective regulation and supervision by the central bank. Deputies of the Supreme Council of the Pridnestrovian Moldavian Republic unanimously adopted a resolution on the main directions of a single state monetary and credit policy for 2025.