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MOLDOVA HAS TO FULFILL SEVERAL PRE-CONDITIONS BEFORE
MEETING OF IMF MANAGERIAL BOARD

Chisinau-22.05.2002/15:03:31/(BASA-economic) The Moldovan
government will have to fulfill several pre-conditions before the
meeting of the Managerial Board of the International Monetary Fund
(IMF) on July 10 in order to qualify for the resumption of
assistance.

Chisinau has to amend the new Civil Code by June 15 in order to
adjust some of its provisions to the market economy principles,
said Marta Castello-Branco, assistant director of the IMF's
European Department II. The second pre-condition is the approval of
the SAC-III by the World Bank Board of Directors.

The mission, led by Castello-Branco, arrived in Chisinau on May 14
to assess the performance of Moldova under the economic and
financial policies. Whether Chisinau will get the third tranche of
the 142-million-dollar credit depends on the conclusions of the
mission.

"We have reached an agreement how to walk the wanted way," she
said.

Nevertheless, the Moldovan government and IMF experts still have a
lot of work until the meeting of the board in July. The executive
has to fulfill a number of measures. "The ball is now on Moldova's
half of the field."

Premier Vasile Tarlev stated that the supplement to the December
2000 Memorandum on Economic and Financial Policies has remained
unchanged concerning the terms of privatisation of MoldTelecom and
power grids. These companies will be privatised by the end of this
year, he said.

The prime minister also indicated that his government has resolved
the differences on certain clauses in the Moldova-Russia gas
agreement. The IMF regards this document as unvafourable for
Moldova.

Castello-Branco said Moldova might receive the third tranche from
the credit in July 2002 and the next tranche in September, when the
Moldovan government has to fulfill certain pre-conditions.
 


CHISINAUL VA TREBUI SA INDEPLINEASCA UNELE PRECONDITII PANA LA SEDINTA CONSILIULUI EXECUTIV AL FMI

Chisinau-22.05.2002/15:03:31/(BASA-economic) Guvernul de la Chisinau va trebui sa indeplineasca unele preconditii pana la sedinta Consiliului executiv al Fondului Monetar International, programat pentru 10 iulie a.c., pentru a putea conta pe deblocarea finantarii stopata la mijlocul anului 2001.

In particular, pana la 15 iunie urmeaza sa fie operate modificari in Codul Civil, adoptat recent de catre Parlament, pentru a aduce unele compartimente ale acestuia in corespundere cu principiile economiei de piata, a declarat Marta Castello-Branco, sef adjunct al Departamentului Europa II, care si-a incheiat astazi vizita la Chisinau.

A doua preconditie importanta este aprobarea de catre consiliul de directori ai Bancii Mondiale a Creditului SAC-III.

Misiunea FMI a sosit in Republica Moldova la 14 mai pentru a analiza politicele economice si financiare convenite cu autoritatile moldovene si indeplinirea criteriilor de performanta necesare acordarii celei de-a treia transe din creditul in suma de 142 mln USD.

"Am ajuns la un acord comun cum sa mergem in directia dorita", a declarat Marta Castello-Branco.

Inaltul demnitar al FMI a spus insa ca Guvernul si expertii Fondului au mult de lucru pana la sedinta consiliului din iulie. Executivul pentru ca trebuie ca realizeze mai multe masuri, iar expertii pentru ca au prea putin timp pentru a pregati pachetul de documente. "Mingea se afla insa in terenul Guvernului moldovean", a spus Marta Castello-Branco.

Premierul Vasile Tarlev a estimat ca in suplimentul la Memorandumul privind Politicile Economice si Financiare, semnat in decembrie 2000, nu au fost facute modificari privind termenele de privatizare a MoldTelecom-ului si retelelor electrice de distributie, care potrivit angajamentelor anterioare, urmeaza a fi privatizate pana la sfarsitul anului curent.

Primul ministru a mai spus ca au fost eliminate divergentele asupra unor clauze ale acordului moldo-rus de livrare a gazelor. Fondul reprosase Chisinaului ca prin semnarea acestui acord Guvernul si-a asumat noi datorii externe.

Marta Castello-Branco a spus ca Republica Moldova ar putea primi cea de-a treia transa din creditul in suma de 142 mln USD in iulie 2002, iar transa urmatoare va fi alocata in septembrie a.c., dupa ce Guvernul va indeplini unele preconditii.