Vote of Confidence – A New Chapter of Responsibility
Receiving the vote of confidence and being appointed as Vice Governor of the National Bank of Romania is an honour, and it thus opens a new chapter of commitment and responsibility, both professionally and institutionally. My professional journey, spanning over 25 years in the academic and scientific fields, and focused on key areas of economic policies, alongside the public office positions I have held—Economic Presidential Advisor since December 2014, during both terms of the President of Romania—along with my active presence for over 15 years in the public, institutional, and decision-making space in the field of public policies, represents strengths that I will channel, in the years to come, toward meeting the high professional and ethical standards required by the position of Vice Governor of the National Bank of Romania (NBR).
As economist, I hold right-wing beliefs, as development and prosperity are naturally correlated with a market economy, economic freedom, entrepreneurship, competitiveness, and investments, within the context of sound policies. In this regard, I recall the economic policy messages delivered on behalf of the President of Romania or as a representative of the Presidential Administration, emphasizing the need for Romania to change its economic development model toward sustainable directions.
Over the years, dominated by pro-cyclical policies, I have argued that Romania’s economic growth should not primarily rely on consumption, but on investments, particularly those funded by European Union grants. Today, after several years and some shifts in governmental perspective, the key factor in Romania’s modernization is represented by investments from European Union funds.
Romania has reached a level of economic maturity that enables us to make the leap to a new level of ambition and vision, although the current economic context is not without risks and vulnerabilities. Persistent imbalances have been amplified by successive, large, and overlapping crises, while uncertainties associated with external factors are on the rise.
Today, the response to the challenges faced by Romania, in terms of economic stability and resilience, must come from a balanced mix of macroeconomic policies and the implementation of committed structural reforms, in line with sustainability requirements.
I am confident that, at the level of the National Bank of Romania, through consistency and professionalism, we will find the optimal solutions for monetary policy, where the key principles are prudence and predictability. At the same time, in terms of fiscal-budgetary policies, the guiding principle must be sustainability.
I have fully embraced, with all my strength and expertise, the responsibility of being part of the executive leadership of the National Bank of Romania, whose mission is of crucial importance. A sound currency is the foundation of a sound economy, and both financial stability and price stability are indispensable conditions in the careful planning of economic activities in general.
I believe that, through the dedication and responsibility with which I have carried out my professional and institutional duties thus far, along with the expertise and experience I have acquired, I will bring real added value to the leadership of the National Bank of Romania, alongside my colleagues from the Board of Directors and the top specialists within the NBR.
I thank the specialized parliamentary committees and the Parliament for the vote of confidence. I also wish to express my gratitude to my colleagues from the National Liberal Party for their trust, through the unanimous vote received in support of my candidacy, according to procedural practices.
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