Moldova & IMF IMF Activities Publications Press Releases


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MOLDOVA LIKELY TO RECEIVE ORDINARY TRANCHE OF IMF
CREDIT NOT EARLIER THAN JANUARY

Chisinau-30.11.2002/12:31:08/(BASA-economic) The issue of approval
of the ordinary tranche from the International Monetary Fund credit
within the Poverty Reduction and Economic Growth facility is likely
to be discussed by the IMF board of directors in January, Edgardo
Ruggiero, resident representative of the IMF in Chisinau told
Premier Vasile Tarlev on Friday.

The Moldovan premier examined with the IMF representative
the phase of fulfillment of Moldova's commitments toward the
Fund, the government said in a press release.

Tarlev stated that, under the agreement, Moldova adopted the 2003
state budget law, and passed in first reading the state social
ensurance fund, which is due to be voted in final reading next
week.

The premier added that the government adopted the draft law on
preshipment inspection and delivered it to the legislature for
urgent adoption.

In turn, Ruggiero stated that the government's consistent policy on
promotion of economic and financial reforms is likely to determine
the Fund to approve the ordinary shipment in January 2003.

Chisinau is expecting to receive 18.48 million SDR (some 25 million
dollars) of the IMF credit by the end of 2002. But the IFM
postponed this issue, as the December sitting agenda of the IMF
board of directors is too busy.

To receive this shipment, Chisinau had to adopt the 2003 state
budget and the state social ensurance budget in line with IMF's
requirements; to cancel exports restrictions and to adopt a law on
the preshipment inspection.

Moldovan authorities had to honor their commitments by December 1,
but the IMF offered them one more week to comply with these
conditions.
 


 REPUBLICA MOLDOVA AR PUTEA SA PRIMEASCA TRANSA
 ORDINARA DIN CREDITUL FMI NU MAI DEVREME DE LUNA IANUARIE 2003

Chisinau-30.11.2002/12:31:08/(BASA-economic) Chestiunea cu privire
la aprobarea transei ordinare din creditul FMI in cadrul Mecanismului
de Reducere a Saraciei si Crestere Economica ar putea fi examinata de
catre Consiliul de directori al Fondului in luna ianuarie 2003, a
declarat vineri rezidentul Fondului Monetar International la Chisinau
Edgardo Ruggiero in cadrul intrevederii cu premierul Vasile
Tarlev.

Premierul moldovean a examinat cu reprezentantul FMI la Chisinau
stadiul de realizare a angajamentelor asumate de R.Moldova in fata
FMI, se arata intr-un comunicat de presa al Guvernului.

Tarlev a declarat ca, potrivit intelegerilor, a fost adoptata Legea
bugetului de stat pentru anul 2003 si, in prima lectura, proiectul
legii bugetului asigurarilor sociale de stat, care urmeaza sa fie
votat de catre Parlament in varianta definitiva in saptamana
viitoare.

Primul ministru a mai spus ca executivul a aprobat proiectul legii
cu privire la inspectia inainte de expeditie pe care la remis
legislativului spre examinare in regim de urgenta.

Serviciul de presa mai noteaza ca Edgardo Ruggiero a declarat ca
politica consecventa a Guvernului in vederea promovarii reformelor
economice si financiare vor permite aprobarea transei ordinare
in ianuarie 2003.

Guvernul astepta sa primeasca pana la sfarsitul anului de la FMI
18,48 mln DST (circa 25 mln USD). znsa Fondul Monetar International
a amanat examinarea acestei chestiuni pe motiv ca agenda sedintei
din decembrie a Consiliului de directori ai Fondului este
suprasolicitata.

Pentru a putea primi banii Chisinaul trebuia sa adopte bugetul de
stat si bugetul asigurarilor sociale de stat pe anul 2003 in
corespundere cu cerintele asupra carora s-a convenit cu FMI; sa
anuleze restrictiile la exporturi si sa aprobe o lege privind
aplicarea inspectiei inainte de expeditie.

Autoritatile moldovene urmau sa-si onoreze aceste angajamente pana
la 1 decembrie, insa FMI le-a oferit inca o saptamana pentru a
se conforma conditiilor.