If a new Government is formed in Moldova, a mission of the International Monetary Fund will come in a week to assess things and agree the conditions for disbursing the next tranche of the IMF financing, Minister of Finance Ion Chicu stated in an interview for Radio Free Europe. The official said the Republic of Moldova could receive the last trance of financing at the beginning of next year, IPN reports.
“We preliminarily disused the new conditions. They indeed refer more to the macro-budgetary framework, but there are also elements concerning the banking system. After the preliminary discussions, we can say that these conditions for the next tranche are absolutely achievable for us on condition that we have a Government and the Parliament is functional and could vote, approve those measures so that we go on. This refers to the next tranche. As to the last trance, we can meet the conditions for this as well,” stated the minister.
According to Ion Chicu, the algorithm is the same. Another mission will come in autumn to set the conditions. If these conditions are met, the last tranche is disbursed. As there is a short period of time between the first mission and the second mission, the last tranche could not be received this year and the program would be extended for another three months. This is an absolutely realistic scenario that is considered by the authorities and this is the basic scenario.
