A sum of about $235 million allocated by the IMF Board on August 2 is already at the disposal of the Moldovan authorities. This was announced by President Maia Sandu following a meeting with Rodgers Chawani, IMF Resident Representative in Moldova.

“It is a global tool to support governments in mitigating the effects of the pandemic and to subsequently aid economic recovery, with our country receiving about $235 million,” Maia Sandu posted on her Facebook account.

Another highlight of the meeting was a prospective new IMF program for Moldova that could materialize in the fall. An IMF expert team is expected in Chisinau at the end of September. The parties agreed that the program needs to support coherent economic, financial and social policies in the interests of Moldova’s citizens.