Tendinţe actuale şi perspective de dezvoltare a pieţei VMS în Republica Moldova [Articol]

Abstract

Purpose of the article. This article analyzes the current state of the government securities(GS) market in the Republic of Moldova, focusing on recent trends, structural challenges, and development opportunities. The aim is to assess how GS contribute to public debt financing, fiscal stability, and the modernization of the financial system. Methodology. The research is based on a mix of qualitative and quantitative methods. It uses the analysis of official statistical data (2018–2024), legislative frameworks, and reports from the Ministry of Finance and the National Bank of Moldova. Comparative methods are employed to assess international practices, while graphical and structural analyses help interpret market trends.