The International Monetary Fund (IMF) has allocated a new $ 46.1 million instalment to the Republic of Moldova, following the assessment of the progress made in meeting the assumed commitments. About $ 27.5 million are earmarked for the support of the state budget, says a press release of the Ministry of Finance, quoted by IPN.
According to the institution, the first disbursement was made on September 24, in the amount of $ 30.7 million, out of which $ 18.4 million were intended to support the state budget. The remaining $ 15.4 million were disbursed on September 30. $ 9.1 million are meant for supporting the state budget.
The Ministry reiterates that on November 7, 2016, the Board of Directors of the International Monetary Fund approved a three-year Program with the Republic of Moldova. The financial support of approximately $ 178.7 million is granted to Moldova in instalments and comes to support the reforms promoted by the Government. So far, under the existing financing program sources intended to support the state budget in the amount of $ 91.4 million have been disbursed.
A staff team of the International Monetary Fund (IMF) led by Ruben Atoyan is on a working visit to Chisinau between October 2 and 8. The purpose of the mission is to update information on recent economic developments and to discuss the policies promoted by the authorities to maintain macroeconomic and budgetary-fiscal stability, including in the context of the 2020 State Budget.
