At today's session, the Council adopted the Strategic Plan of the National Bank of the Republic of Macedonia for the period 2015-2017, which confirms the established core strategic objectives - maintaining low and stable inflation through the strategy of maintaining a stable exchange rate of the Denar against the Euro, and ensuring financial stability as an integral element of macroeconomic stability and a prerequisite for achieving economic growth and prosperity. Also, the Strategic Plan for the next three years is a continuation of the previously established strategic objectives pertaining to the design and implementation of the monetary policy and support of the financial markets, foreign reserves management, maintenance of financial stability, issuance and management of banknotes and coins, payment systems, statistics, research and internal audit. In addition, the National Bank will continue to develop the corporate governance and deepen the system of values. In this regard, it will continue the process of creating a modern and competent human capital, implementing the latest technological innovations in the business processes and developing the cooperation with domestic and foreign institutions.

At today's session, the Council also adopted the Decision on the manner and the procedure for reporting on transactions with non-residents. This Decision introduces a new method of reporting on transactions in securities that are traded in foreign markets. The Decision allows the reporting for some of the entities (insurance companies, investment funds, pension funds) which have investments in securities on foreign markets, to be made indirectly, through the respective regulators. This method is expected to streamline the procedures for collecting data and improve the communication with reporters and the data quality.

Also, with the entry into force of this Decision, the Decision on the reporting on operations with securities and the requirement for the authorized participants in the financial markets (brokers) to report on transactions with securities of non-residents in the domestic market, ceases to be effective.

At today's session, the Council also adopted the Decision amending the Decision on the manner and the conditions for opening and administering the accounts of non-residents. The Decision allows the person authorized for payment to make a payment of cash foreign currency in a bank, without personally signing the reporting form at the entry in the Republic of Macedonia. Also, it allows payment of cash domestic and foreign currency without attaching written confirmation, if the cash comes from the sale of products to passengers on airplanes.

At today's session, the Council also adopted the Program for the research activity in the period 2015-2017. The research planned for the three-year period is expected to support the decision-making process, contribute to the more successful functioning of the National Bank and facing the future challenges. Also, the planned research and analysis should contribute to further modernize the operations of the National Bank and prepare the institution for future participation in the European System of Central Banks (ESCB).

The Council also considered other matters within its jurisdiction.