The mission of the International Monetary Fund during the next two weeks will assess the macroeconomic situation in the Republic of Moldova and will review the relevant policies, the new IMF mission chief Ben Kelmanson, who replaced Ivanna Vladkova-Hollar as of this January, stated in a meeting with Prime Minister Pavel Filip, IPN reports.
The IMF team will be in Chisinau during February 14-28, 2017. According to the Government’s press service, in the meeting the Premier expressed his confidence that the close cooperation between the Government and the IMF will be maintained in the period during which the mission will be led by Ben Kelmanson.
Pavel Filip said the IMF mission will be able to take stock of the recent economic developments and the progress made by the authorities in implementing the program in the context of the first review of Moldova’s IMF-supported program. “The process of implementing the program will be treated with the biggest attention and responsibility and will be implemented in conditions of maximum transparency and efficiency,” stated the Prime Minister.
Moldova’s three-year IMF program, approved on November 7, 2016, is supported by a loan of SDR 129.4 million (about US$176 million), of which SDR 26 million (about US$35 million) have been already disbursed.
