This was discussed during a meeting that Prime Minister Vasile Tofan held with the IMF's Resident Representative in our country, Svetlana Cerović, with whom he discussed tax and budget priorities as well as economic reforms. In particular, the discussions focused on the tax and budget situation, economic reforms, and the necessary measures to consolidate public finances. "I had a very frank and open conversation with Svetlana Cerović, the IMF's Resident Representative in Moldova. We spoke frankly about the budgetary situation and what we need to do to improve it. We are determined to reduce the budget deficit and know that this will require bold decisions. We discussed tax reform, reducing government administrative expenditures, and streamlining and merging certain structures and agencies where they duplicate one another's functions or have ceased to be effective," the prime minister noted. He emphasized the importance of more effective management of state assets. The Prime Minister noted the need to develop more efficient state-owned enterprises and, in cases where the state has no compelling reasons to retain ownership, to conduct transparent and competitive privatization processes that would attract private investment and boost economic productivity. The parties also discussed the high cost of government financing and more effective management of public debt, including more rational use of available external financing sources and a reduction in debt-servicing costs. "Budgetary discipline is not an end in itself. It is necessary in order to invest more funds where it really matters—in people, infrastructure, and economic development—without passing on the costs to future generations," the prime minister noted. // 10.09.2026 — InfoMarket.
Moldova is counting on IMF assistance with reforms and reducing the budget deficit
Moldova is counting on IMF assistance to implement reforms, reduce the budget deficit, and manage state assets and public debt more effectively