National Bank of Moldova Governor Anca Dragu spoke at the opening of the Bucharest Leaders' Summit in Bucharest, setting out Moldova’s European Union integration trajectory and the central bank’s role in driving economic and financial transformation alongside its financial stability mandate. Her remarks highlighted a structural shift in the economy from a heavy reliance on agriculture in 2001 (around one quarter of GDP) to a more diversified structure, with services at 58% of GDP and the IT sector contributing about 8%. She also pointed to reforms and modernisation workstreams linked to the European integration reform agenda, including plans to adopt and implement a regulatory framework for crypto-assets and virtual asset service providers aligned with the EU MiCA regime by June 2027, and measures by December 2026 to improve the transparency and quality of data managed by credit bureaus. On payments, she cited the 2024 launch of the MIA Instant Payments system, Moldova’s operational entry into the Single Euro Payments Area from 6 October 2025 with estimated annual savings of over EUR 20 million, and a milestone in the first quarter of 2025 when the value of cashless payments exceeded cash withdrawals for the first time. Dragu also referenced the development of Moldova’s first National Financial Inclusion Strategy as an inter-institutional project, with implementation planned for mid-2026.
National Bank of Moldova 2025-11-03
National Bank of Moldova Governor outlines EU-aligned reform milestones at Bucharest Leaders' Summit
National Bank of Moldova Governor Anca Dragu discussed Moldova's EU integration and economic transformation at the Bucharest Leaders' Summit. Initiatives include adopting a regulatory framework for crypto-assets by June 2027, launching the MIA Instant Payments system in 2024, and joining the Single Euro Payments Area in October 2025. Dragu also announced Moldova’s first National Financial Inclusion Strategy, set for implementation by mid-2026.