The recent economic developments and the progress made in the implementation of the programme with Moldova, backed by the International Monetary Fund, today were analyzed at a meeting between Prime Minister Natalia Gavrilita and the members of the IMF mission, led by Ruben Atoyan.
At the same time, the sides discussed the challenges faced by Moldova’s economy, in the context of the global economic crisis, as well as about the measures undertaken and planned by the cabinet, in order to overcome the crises and ensure the economic resilience.
Ruben Atoyan said that the goal of the Mission in Moldova was to carry out a first assessment of the programme Extended Credit Facility-Extended Fund Facility (ECF-EFF), supported through the concerned Facilities.
The 40 month-long programme, backed by IMF, was approved on 21 December 2021 and is financed through a loan worth about 784 million dollars, of which 217 million has been already disbursed.
The Mission of the International Monetary Fund in Moldova will end on 29 July this year. Subsequently, recommendations will be made as to the programme’s implementation.