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Implementation of the recent legal initiatives approved by the Moldovan Parliament would pose serious threats to Moldova’s macroeconomic and financial stability - the IMF.

Implementation of the recent legal initiatives approved by the Moldovan Parliament would pose serious threats to Moldova’s macroeconomic and financial stability - the IMF.

This was stated by the IMF Resident Representative in the Republic of Moldova, Rodgers Chawani. He noted that the implementation of the provisions of legislative initiatives approved by the Parliament of Moldova recently will create a serious threat to the macroeconomic and financial stability of Moldova, which is already under severe pressure from the COVID-19 pandemic. “The IMF’s financial support under the new ECF/EFF program is subject to Moldova’s unequivocal commitment to the irreversibility of the past progress and broad political support for the ambitious governance and institutional reform agenda that was agreed with staff earlier this year,” said the IMF Resident Representative in Moldova. // 18.12.2020 - InfoMarket.

News on the subject

Eight state property objects were sold for 67.82 million lei during an “under the hammer” auction, which is almost 30% more than their total initial cost.
Eight state property objects were sold for 67.82 million lei during an “under the hammer” auction, which is almost 30% more than their total initial cost.
Moldovan parliament has adopted the Law on the 2021 State Budget in the second reading with a deficit of almost 14 billion lei.
Moldovan parliament has adopted the Law on the 2021 State Budget in the second reading with a deficit of almost 14 billion lei.
The Parliament of Moldova canceled the so-called law on a billion, which shifted onto the shoulders of citizens the debt formed due to the theft of a billion
The Parliament of Moldova canceled the so-called law on a billion, which shifted onto the shoulders of citizens the debt formed due to the theft of a billion
Moldova's GDP in January-September 2020 was 150 billion 034 million lei, having decreased by 8.2% versus the same period in 2019.
Moldova's GDP in January-September 2020 was 150 billion 034 million lei, having decreased by 8.2% versus the same period in 2019.
The PAS platform proposes to cancel penalties for late payment of taxes in 2020-2021, subject to their re-separation and gradual payment.
The PAS platform proposes to cancel penalties for late payment of taxes in 2020-2021, subject to their re-separation and gradual payment.
The internal public debt of Moldova in November 2020 increased by another 491 million lei (+ 1.7%) and reached a new record high - 29 billion 068.1 lei at the end of the month.
The internal public debt of Moldova in November 2020 increased by another 491 million lei (+ 1.7%) and reached a new record high - 29 billion 068.1 lei at the end of the month.