Moldova (bbabo.net), - An internal investigation is underway at the National Bank of Moldova after PAS deputy Radu Marian said before the bank that he had received information that the institution would raise the base rate by another 2 percentage points. NBM President Octavian Armasu said, that such an incident is unfortunate, and if not for this information leak, the discussion would have taken place after the decision was made, unimedia.info reports
“This is a really unfortunate incident. We have announced an internal investigation, it is ongoing, I hope that the results of this investigation will at least prevent such things in the future and we will not have such leaks again. I cannot complain that there is a certain political pressure on the National Bank to make this or that decision, but politicians have their own opinion, this is their right.
Normally, if it weren't for this leak, I think the discussion would have been after the decision, and since the information reached the market before the decision was made, discussions began before the decision was made, which is not normal in itself. But I cannot say that there is a certain political pressure. This is a classic dilemma all over the world. The NBM has some stabilizing goals, it looks further, it makes some decisions that sometimes contradict the goals of the government, and this is normal, so sometimes there may be discussions,” said the head of the NBM, Octavian Armasu.
Recall, before the official announcement of the NBM, PAS MP Radu Marian said that he had received information that the NBM would raise the base rate by another 2 percentage points. In his opinion, the decision, if it is made, will be wrong and will undermine the investment activity of the business.
"The NBM should focus on consumer loans, which overheat the economy, but should not interfere with the lending activities of economic agents, increasing the cost of loans.
I call on the NBM to address the issue of consumer credit and speed up the decision-making on this issue, which it has been postponing for a long time," Marian wrote on Facebook.
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