The National Commission for Financial Markets (CNPF) announced that the Parliament of the Republic of Moldova has adopted the National Capital Market Development Strategy 2025-2030, drafted by the CNPF and promoted by the Ministry of Finance, as the country’s main policy document for capital market development. The strategy aims to relaunch Moldova’s capital market as a driver of economic growth and is structured around five objectives: expanding companies’ access to financing by strengthening their capacity to create capital market funding offers; broadening the investor base to increase market demand and liquidity; supporting small and medium-sized enterprises by facilitating their access to the capital market; modernising infrastructure and strengthening the capabilities of the capital market ecosystem; and aligning regulation with European Union standards and rules. In presenting the strategy, CNPF chair Dumitru Budianschi cited constraints on market development including the effects of post-privatisation processes and the 2012-2014 banking crisis. The strategy includes monitoring indicators, and the CNPF will supervise implementation and report to Parliament on a semiannual and annual basis.
National Commission for Financial Markets 2025-06-30
Moldova's National Commission for Financial Markets sets five objectives under Parliament-approved 2025-2030 capital market development strategy
Moldova's Parliament adopted the National Capital Market Development Strategy 2025-2030, announced by the National Commission for Financial Markets. Developed by CNPF and promoted by the Ministry of Finance, the strategy focuses on expanding financing access, broadening the investor base, supporting SMEs, modernizing infrastructure, and aligning with EU standards. CNPF will oversee implementation and report progress semiannually and annually.