Moldova will receive 165.3 million SDRs (Special Drawing Rights), equivalent to about $236 million, from the International Monetary Fund. The decision was discussed during a meeting between Prime Minister Natalia Gavrilița with Rodgers Chawani, IMF Resident Representative in Moldova, IPN reports.

According to a Government press release, the SDR allocation provides liquid assets to member countries without any repayment or cancellation obligations. States do not have to meet any conditionality in order to receive their SDR quota, meaning that each member country can use the SDR allocation according to domestic needs.

Natalia Gavrilița says Moldova will use the resources allocated by the IMF to supplement budget revenues and provide support to economic sectors, with a focus on small and medium enterprises.

The two officials also discussed the plans of the newly-installed Moldovan government as well as the need to resume talks on a policy memorandum between the IMF and Moldova. In this regard, the prime minister invited the IMF mission to Chisinau in late September.