“The rise in prices at international level is an objective cause for the increase in prices in our country, but all the legal instruments should be used to temper this tendency,” President Maia Sandu stated in the meeting of the Supreme Security Council (SSC). Following the discussions, the Council recommended the National Bank of Moldova (NBM) to analyze the effects of its interventions so far and to correct them when these are not efficient, says a press release of the presidential press service that is quoted by IPN.

Meanwhile, the Government will continue the policy to support the categories that are most seriously affected by the rise in prices. “The executive is to provide extra resources in addition to those allocated for raising pensions and subsidies for energy resources, for helping the citizens to easier overcome this crisis. Also, the Government should continue the reforms intended for improving the business climate so as to ensure robust and inclusive economic growth,” said President Maia Sandu.

In the SSC’s meeting held in the afternoon of January 31, there was presented a NBM report on the current macroeconomic situation and the main tendencies and challenges for 2022. The NBM is the institution responsible by law for ensuring the stability of prices.