The National Bank of Moldova held discussions with Alfred Kammer, Director of the International Monetary Fund’s European Department, during the World Bank Group and IMF Annual Meetings in Washington (13–18 October 2025), focusing on Moldova’s structural reform results, macroeconomic outlook, and the central bank’s measures to strengthen financial stability and advance European integration. Governor Anca Dragu highlighted recent macroeconomic developments, including disinflation and a recovery in economic activity, and set out the National Bank of Moldova’s reform priorities around financial stability, the supervisory framework, and payments infrastructure modernisation. Kammer pointed to Moldova’s accession to the Single Euro Payments Area (SEPA) and welcomed the successful completion of IMF and World Bank Financial Sector Assessment Program (FSAP) evaluation missions, covering banking regulation and supervision, bank stress testing, crisis management capacity, and the financial system’s support for access to finance for small and medium-sized enterprises and other key sectors.