Igor Dodon makes gloomy forecasts

The Communists Party (PCRM) is pessimistic about Moldova's economic future following the signing of the agreement with the International Monetary Fund (IMF). Communist MP Igor Dodon, former Minister of Economy, accuses the IMF of using double standards, saying it is not only a financial but also a political organization that contributed to the formation of the Alliance for European Integration, Info-Prim Neo reports. In a news conference on February 9, Igor Dodon said the commitments made by Moldova by this agreement are very tough for the people, especially the pegging of salaries, forced depreciation of the national currency, lack of nominal compensations, etc. In this connection, Dodon accused Premier Vlad Filat of incapacity to negotiate the conditions with the IMF as a chain of price rises followed. Asked why the IMF suspended the talks with the Communist Government headed by Zinaida Greceanyi after the negotiations of May-June 2009, when he led the Moldovan delegation of negotiators, Igor Dodon said the conditions negotiated at that time were different and the IMF withdrew because the Parliament did not elect the President of Moldova and early elections were to take place in about a month. Igor Dodon condemned the present Government for its assertion that the agreement with the IMF saved the country from collapse. “If Moldova overcomes the crisis, this will be because of the economic policies implemented during the last one year and a half, not because of the anti-crisis program worked out by the governors,” he said. Dodon made gloomy forecasts. He said the prices will continue to rise. “The present Government diverts the people's attention through political shows at foreign level – different visits, removal of the barbed wire. But the population will not live better as a result of such actions,” Dodon said. Recently, the IMF transferred to the National Bank of Moldova US$31 million of the first tranche of US$93 million of the US$574 million loan provided to support the implementation of the economic program negotiated with the Government of Moldova last autumn. The other US$62 million designed to support the budget will be transferred soon to the Ministry of Finance. Prime Minister Vlad Filat repeatedly stated that the negotiations with the IMF were difficult, but the decisions made and policies agreed are favorable for Moldova.

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