We celebrate Andorra’s IMF Membership
In spite of the unusual situation we are living in due to the Covid-19 pandemic, this last quarter of 2020 starts with some good news as we welcome Andorra’s entry into the IMF.
In recent years, Andorra has come a long way in terms of its transformation with regards to transparency and international standardisation. The determination and action of the country has laid out the path to follow, which is that of greater integration at an international level. It is in this scenario that Andorra has achieved a significant milestone and on October 16 became the 190th member of the IMF.
Andorran Banking very positively views the integration of Andorra in all the organisations which favour its presence internationally, its development and economic growth as a country and, consequently, its financial stability.
The accomplishment of this milestone will undoubtedly be a positive move for the credibility and confidence of the country, the economy and for the financial sector in general.