Regulation of the Banking Sector

The Supreme Council approved the estimate of the PRB. Taking into account difficult socio-economic situation in the republic, the initial version of the document was seriously edited. Adjustments affected both costs and income of the bank. Recent increase in connection with the inclusion of Sberbank profit revenues.

With regard to the planned banking costs, they were cut down, primarily by reducing the cost of employees maintaining - with the estimated 44 to 28 million, that is almost twice reduced the salary of employees of the central bank. In addition, costs associated with business trips, participation in conferences and congresses, general, appeal and auditing are more modest.

Representative of Pridnestrovian Republican Bank Alexander Leanca said that the adoption of the consolidated adjusted decision was preceded by a long and scrupulous work of profile Parliamentary Committee and representatives of PRB. Recent harmonization was carried out the day before and the day of the plenary session.

The Head of the Committee on Economic Policy, Budget and Finance Alexander Martynov informed colleagues about preparation of a number of amendments. One of them was withdrawn by its author, the rest after the negotiation with the bank recommended to the adoption. All of them are designed to reduce the bank costs in order to further reduce the expenditure side of the national budget for the current year.

Deputy corps approved the estimate of income and expenditure of the central bank of Pridnestrovian Moldavian Republic for 2016 and the procedure for the distribution of profits remaining at its disposal.

The Supreme Council adopted in the second reading the draft guidelines for the single state monetary policy of PMR for 2016 and the planning period of 2017 and 2018. Its most important element - is the rate of the national currency. It is planned that the dollar, as before, will cost no more than 11 rubles 30 kopecks.