IMF mission to come to Chisinau on 23 May

Chisinau, 4 May /MOLDPRES/ - An experts’ team of the International Monetary Fund (IMF), led by Ivanna Vladkova-Hollar, will visit Chisinau on 23-27 May, according to a press release by IMF Resident Representative in Moldova Armine Khachatryan.    

The mission is set to continue “the dialogue on economic policies and advance in discussing the reforms proposed by the government and National Bank of Moldova (BNM) as important elements of a programme backed by IMF.”

The IMF resident said that “the mission will not have a mandate for signing an agreement on a new programme.”

This is the second IMF mission this year. An experts’ team of the Fund paid a working visit to Moldova on 23-29 February. “We had open and constructive discussions with the authorities, with emphasis on the analysis of the recent economic developments and discussion of the policies promoted by the authorities to maintain macroeconomic stability and improving the governance in the financial sector. Nevertheless, the prospects remain not at all simple; to cope with them, a competent management of the economy will be necessary,” Ivanna Vladkova-Hollar said at the end of the last February mission.   

The IMF experts’ team proposed the authorities a string of recommendations, the implementation of which would lead to the signing of a new agreement.

Prime Minister Pavel Filip has recently said that he hoped that an IMF mission would come to Chisinau till next June at the latest, as a first step towards the unlocking of foreign financial assistance. The government has fully carried out the list of goals agreed on with foreign partners for a short term, the prime minister said in his report on the first 100 days of his mandate. The dialogue with IMF is vital for Moldova, Pavel Filip added.  

(Reporter V. Bercu, editor L. Alcaza)