National Bank of Moldova sets out external communication strategy centred on transparency and public consultation

The National Bank of Moldova has outlined how it will conduct external communication under its communication strategy, positioning open, explicit and transparent messaging as a tool to support the sound functioning of Moldova’s financial system and to anchor inflation expectations close to the central bank’s target. The approach emphasises explaining decisions, the reasons for them, and their expected effects on the banking sector, market participants and the wider economy. The strategy sets objectives that include improving public understanding of financial and banking market developments, increasing transparency around supervision of licensed banks, strengthening the credibility of the national currency, promoting cashless payments and reducing cash in circulation, providing statistical information within the bank’s remit, and improving predictability for businesses regarding future decisions with economic impact. Communication principles include alignment to strategic objectives, transparency and two-way engagement with media and other opinion formers, and publication of draft regulatory acts on the central bank’s website for public consultation, alongside commitments on accessibility through multiple channels, clarity of language tailored to target audiences, timely release of decisions after approval, and predictability through regular publication calendars including those for Executive Committee monetary policy meetings, monetary policy operations and inflation reports.