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Agreement with IMF will not be signed in near future, opinions


https://www.ipn.md/index.php/en/agreement-with-imf-will-not-be-signed-in-near-future-opinions-7978_1028307.html

The Government of Moldova will not manage to sign an agreement with the IMF in the immediate future. In the best case, the document could be signed at this yearend. The issue was discussed by experts invited to the talk show “Emphasis on today” on TVR Moldova channel, IPN reports.

“The negotiations with the IMF are at an incipient stage. Theoretically, we could speak about particular agreements only in September and a concrete decision will be taken towards the end of this year,” said ex-minister of finance Veaceslav Negruta.

According to him, the government of Moldova must concentrate its efforts on doing reforms so as to achieve results in the negotiations with the IMF. “First of all, things must be brought in order in the financial-banking sector. I dare to say that no reforms were done. What was done in this sector lately does not represent reforms. Only some amendments to the legislation were made. The second direction refers to the budgetary-fiscal policy. The theft committed in the banking system seriously affected public finances,” stated Negruta.

He also said that starting with 2013, the government of Moldova has placed obstacles to signing an agreement with the IMF. “If we had had an agreement with the IMF, the theft of the billion wouldn’t have been committed. In the spring of 2013, we agreed with the IMF an algorithm according to which Moldova was to move. But this algorithm was blocked by the leaders of the ruling parties. Afterward, everything possible was done for the IMF not to come to the Republic of Moldova. Governments and officials were dismissed so that the IMF mission didn’t have who to discuss with,” stated the ex-minister.  

Sergiu Gaibu, expert of the Institute for Development and Social Initiatives “Viitorul”, also said that an agreement with the IMF will not be signed in the near future. “In the best case, this could be signed at this yearend. The Government of Moldova should refrain from making optimistic promises. The population does not want to be ‘fed’ on news from the future,” he stated.