An IMF mission led by Ruben Atoyan will visit Chisinau during June 15-21. This is a working mission rather than a formal program review, IPN reports, quoting a press statement by the IMF Resident Representative in the Republic of Moldova Rodgers Chawani.

The purpose of the visit is to update staff on the macroeconomic situation and discuss fiscal, monetary and other policies in the context of the existing Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements for the Republic of Moldova.

Such staff visits are standard practice in program cases outside of the formal cycle of program reviews.

Recently, Kenji Okamura, Deputy Managing Director of the International monetary Fund, concluded his visit to Moldova. He met key officials and travelled to the regions to appreciate Moldova’s current situation and existing challenges.