Implementation of macroeconomic policies is premise for I.M.F. support for new programme for Moldova
https://www.ipn.md/en/implementation-of-macroeconomic-policies-is-premise-for-imf-support-for-new-prog-7966_958484.html
The implementation of agreed macroeconomic policies is a positive premise for support of the Board of Directors of the International Monetary Fund for the new programme of cooperation with the Moldovan government, the chief of the IMF European department, Thomas Richardson, has told a meeting with Moldovan Prime Minister Vasile Tarlev. Richardson noted that he has arrived in Chisinau to attend the national forum on implementation of the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) that took place in the Moldovan capital on Thursday.
Richardson underlined that this forum is a good opportunity to coordinate the actions of donors for financing of EGPRSP, a document aiming at economic growth, better living standards for population, social protection for citizens, creation of new jobs, ensured access to quality health services.
Richardson highly appreciated the fulfilment of government’s commitments regarding the implementation of consistent macroeconomic and financial policies and efficient accomplishment of structural reforms, in line with EGPRSP.
The prime minister noted that the government does its best to improve the macro-economic indicators „Despite the modest economic growth, the results are stable and these trends will be maintained in continuation due to some real social-economic reforms," Tarlev said.
Moldova and IMF signed a new preliminary crediting agreement worth 117 million dollars last February. The IMF Board of Directors could examine the crediting programme this spring. If the final decision is positive, the first part will be transferred within a couple of days, with the condition that the provisions of the programme are implemented in line with agreements. IMF will release the new credit under preferential regime for a 0.5-percent interest rate, a 10-year term and a 5-year grace period.