Minister of Finance Octavian Armasu said that by assuming responsibility for the repayment of the debt to the National Bank of Moldova, the Government spared the population from a lot of big problems. He made such a statement in the program “Moldova live” on the public TV channel Moldova 1, IPN reports.

“We assumed responsibility. This was a precondition imposed by the IMF. Otherwise, we cannot unlock external financing. By unlocking external financing, we spared the people from much bigger problems. Or else we wouldn’t be able to pay salaries, pensions, agricultural subsidies, etc. This would be a too serious blow,” stated the minister.

According to Armasu, the Government assumed this responsibility in order to ensure a return to normality. “We cannot return to normality with the own resources. This month we must sign the agreement with the IMF. Thus, in 2016 we will be able to get €55 million, which is 1 billion lei. Besides this money, there will also be other foreign loans,” said the minister.

Octavian Armasu assures that the people will not feel the burden of the repayment of the debt to the National Bank. “We are in an election campaign and they did some electoral calculations, saying the children who are yet to be born will also have to repay this debt. This subject is exploited for electoral purposes. We will make effort for this debt to be repaid with foreign resources more, with grants,” he stated.