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Moldova will ask for additional financing from IMF for 2022-2023


https://www.ipn.md/en/moldova-will-ask-for-additional-financing-from-imf-for-2022-7966_1088524.html

A new mission of the International Monet ray Fund will come soon to the Republic of Moldova. The authorities will ask for additional financing for 2022 and for 2023. Prime Minister Natalia Gavrilița told a news conference that discussions are also held with other partners that finance budget costs, such as the World Bank and the European Union, so that these increase financing, IPN reports.

The additional financing is needed for covering the rising costs, for maintaining the purchasing power of the population by indexing pensions, for raising subsidies and salaries, for launching economic resilience programs in agriculture and other sectors, for taking energy efficiency measures.

Primer Gavrilița said an expansive fiscal policy is needed and financing is necessary for covering the costs in the difficult situation in which the country is at present.