The new Moldovan government’s priorities are oriented to the objectives of the IMF program - Ruben Atoyan.
The head of the IMF mission stated this at a meeting of IMF experts with Prime Minister Dorin Recean. The sides discussed the current stage of program implementation with the Fund and macroeconomic changes. Within 2 weeks, the experts will hold the third review of the program financed by the IMF through ECF (Extended Credit Facility) and EFF (Extended Fund Facility). Prime Minister praised the support provided to Moldova by the IMF, noting that in the context of the regional situation, this is vital for the country's economic recovery, as well as for the current government's goals. According to Dorin Recean, among the main priorities are restarting the economy, improving the investment climate, backing small and medium-sized enterprises, and developing instruments better adjusted to the citizens' needs. In his turn, Ruben Atoyan stressed that the government's priorities are focused on the goals of the IMF program, aimed at the implementation of managerial and institutional reforms. At the same time, the actions related to the budget and tax policy, struggle against corruption and observance of legality as well as supervision of the financial sector will be continued. The parties touched upon necessary measures to mitigate shocks caused by the energy crisis and noted the importance of strengthening institutional capacity to achieve program goals and concrete results. As InfoMarket agency earlier reported, the IMF approved a new 40-month program for Moldova in December 2021. In May 2022, the total amount of lending was increased to some $826 million, of which $287.2 million has already been transferred. // 03.03.2023 - InfoMarket.
