Moldova is considering signing a new agreement with the IMF without financing – the Ministry of Finance
As announced by Finance Minister Andrian Gavrilita, there are three types of agreements that the state can conclude with the IMF: an agreement providing for financing, an agreement providing for access to financing (Stand-by), and an agreement providing for certain reforms and not containing financing conditions. “We need an agreement with the IMF, at least in its simplest form, confirming our responsibility for reforms, so that all other partners have no doubts about our commitments,” the Finance Minister explained. Andrian Gavrilita said that discussions with the IMF on the future agreement have not yet begun and will be scheduled, but most likely it will be an agreement without financing or with the possibility of access to financing, which is becoming an increasingly popular instrument, especially for the Balkan countries. According to him, Moldova has sufficient financial resources for investments provided for in the EU's Growth Plan worth €1.9 billion, and the possible signing of a simple agreement with the IMF without financing will confirm our country's responsibility for carrying out reforms so that all other partners have no doubts about Moldova's commitments. “However, a more complex issue is internal financing, which needs to be worked on in order to reduce spending and, accordingly, the budget deficit. This is a separate topic. But as for investments, which is where the main loans should actually be directed, there are sources of financing,” the Finance Minister said. Earlier, Prime Minister Alexandru Munteanu suggested that Moldova could sign a new agreement with the IMF in the spring of 2026, with the aim of macroeconomic “certification” and sending a signal to other markets. “We told them: yes, we definitely want to have a program in terms of a certificate confirming our positive macroeconomic status,” Alexandru Munteanu said. // 23.12.2025 — InfoMarket.
