The head of the European Parliament’s Delegation for the Republic of Moldova, MEP Andi Cristea, welcomed the reaching of a staff-level agreement between the IMF and the Moldovan authorities, IPN reports, quoting a press release of the MEP’s press office.

“I welcome the fact that the IMF reached an agreement with the Government of Moldova concerning the signing of a new cooperation agreement. We speak practically about a three-year program of economic reforms supported by a financing agreement to the value of US$179 million. The final decision is to be taken this autumn, in the meeting of the Executive Board of the International Monetary Fund,” stated Andi Cristea.

“It’s time for the Government of Romania to give a breath of fresh air to the Filip Government and to hasten the provision of the first tranche of the negotiated bilateral loan, to the value of €150 million, given the fulfillment of the stage conditions by Chisinau. Similarly, the European Commission will give the go-ahead to resume the budget support of the EU for the Republic of Moldova, as long as the Government of Moldova ensures the rigorous implementation of the policies to ensure macroeconomic and financial stability. It is a stage victory of the Filip Government and a confirmation of the serious attitude to Moldova’s international partners.”