16.10.2012

OPPORTUNITIES OF THE ANNUAL MEETINGS OF THE IMF AND WORLD BANK

During the Annual Meetings of the International Monetary Fund and World Bank, held in
Tokyo, Japan, from October 9 to 14 this year, the Governor of the National Bank of Moldova,
Mr. Dorin Drăguţanu and the First Deputy Governor, Mr. Marin Moloşag, as the Governor and
respectively the Alternate Governor of the IMF from the Republic of Moldova, had several
bilateral meetings with representatives of international financial institutions.

These included meetings with the IMF Deputy Managing Director, Ms. Nemat Shafik,
who represents the Republic of Moldova at the IMF, and with the IMF Executive Director, Mr.
Menno Snel, as well as with the European Department Director, Mr. Reza Moghadam and the
European Department Deputy Director, Mr. Aasim M. Husain. The discussions included the
current global economic situation, the economic situation of the Republic of Moldova and the
prospects thereof, the realization of the IMF program and new aspects of collaboration. The
consultations have also referred to the mission that will assess the implementation of the IMF
program, which will visit the Republic of Moldova in November 2012.

During the meeting with the Managing Director of the EBRD for Turkey, Eastern
Europe, Caucasus and Central Asia, Mr. Olivier Descamps, were also addressed: the
macroeconomic process in the Republic of Moldova, the situation of the banking system, the
projects implemented by EBRD and opportunities for collaboration.

Another important part of the event in Tokyo was the meetings of the NBM officials with
the governors of central banks. These meetings gave the opportunity to exchange ideas on topics
of common interest, such as the global macroeconomic environment, financial market
developments and associated risks, prospects of the regulation and supervision of the European
banking system and others.

Additionally, the Moldovan delegation attended the meeting to celebrate the merger of
Dutch Constituency, of which the Republic of Moldova is part of, with that of Belgium and
Luxembourg. The new Constituency of the Netherlands and Belgium is now the fourth largest in
the IMF as by the voting power. The first three positions are held by the USA, Japan and China.

Press service
of the National Bank of Moldova