Strategy
The Strategic Plan of the National Bank for
2025-2027 has been
developed under the motto “Central Bank that contributes to building stable,
sustainable and green economy”, and identifies the main areas, which will be its centerpiece in the
next three years.
The Strategic Plan of the National Bank
of the Republic of North Macedonia builds on the vision, the mission, and the organizational values of
the National Bank, taking into account the macroeconomic environment and key
challenges. The Strategic Plan constitutes the basis for the preparation of the
Plan of Activities, which underlie the annual programs
for achievement of legal functions and strategic priorities.
VISION
The vision of the National Bank is to be recognized as an independent, accountable, professional, innovative and transparent institution, which by using its integrity and credibility, supports and builds public confidence.
MISSION
The National Bank deploys its competences and activities to strengthen financial and price stability, contributes to domestic economic growth and economic progress of all citizens.
VALUES
The National Bank adheres to the following core principles and values that underlay its operations, namely commitment to quality, integrity, loyalty, transparency, leadership, innovation, flexibility, professionalism and fostering a strong sense of team spirit. Adherence to these values ensures the maintenance of the highest standards of excellence and accountability in all operational aspects, thus fulfilling our mission to serve the public with diligence and dedication.
The Strategic Plan takes into account the ever-changing environment, the new challenges, and the opportunities arising from the global trends. Besides the traditional responsibilities such as monetary policy conduct, banking system stability, foreign reserves management, economic research and statistics, payment system efficiency, and cash management, the strategic plan has been particularly dedicated to addressing the emerging trends that will sculpt these statutory functions in the years to come. Therefore, it proactively identifies five strategic areas. The purpose is to ensure greater contribution to sustainable and inclusive growth of the Macedonian economy, supporting its green and digital transition.
The National Bank will strive to accomplish its vision and mission within its mandate and responsibilities in the next three years through the following strategic areas:
The Strategic Plan of the National Bank for 2022 – 2024 is
set under the motto: “A central bank, with flexible, appropriately designed
and timely decisions in times of rapid changes and digital transformation,
contributes to a higher standard of living of citizens by creating an
environment of sustainable and inclusive economic development”.
The
Strategic Plan of the National Bank of the Republic of North Macedonia
(hereinafter: the National Bank) is laid down on the basis of the mission, the vision and the organizational
values of the National Bank, taking into account the macroeconomic environment
and key challenges and contains the main
strategic objectives for the next three years.
MISSION
By
fulfilling its mandate and competencies, it contributes to maintaining price
and financial stability for sustainable and inclusive economic development and higher
standards of living of the citizens. It contributes to maintain a stable,
competitive and market-oriented financial system resilient and flexible to
rapid changes in the environment, which works in the best interest of consumers
and the economy as a whole.
VISION
The
vision of the National Bank is to be recognized as an independent, responsible,
professional, innovative and transparent institution that enjoys high
credibility and public confidence.
VALUES
The National Bank operates in accordance with
the following principles and values: quality, integrity, loyalty, transparency,
leadership, innovation, flexibility, professionalism and team spirit.
The
realization of its vision and mission within its mandate and competencies in
the next three years will be directed through the following strategic objectives: