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Limba romana
Russian
October 25, 2006
Mr. Vasile Tarlev, Prime Minister of the Republic of Moldova
Mr. Johan Mathisen, Resident Representative of the International Monetary Fund
in the Republic of Moldova
JOINT PRESS STATEMENT
A mission of the International Monetary Fund (IMF) headed by Mr. Thomas
Richardson, Deputy Division Chief, Northeastern Division (Belarus, Moldova,
Norway and Russia) in the IMF’s European Department, visited Chişinău during
October 11-25, 2006. This was the first review mission under Poverty Reduction
and Growth Facility (PRGF).
The mission assessed performance over the previous six
months in implementing macroeconomic policies and structural reforms agreed in
the memorandum on Economic and Financial Policies (MEFP) for 2006, and held
discussions on the Government’s and the National Bank’s MEFP for 2007. The
mission was pleased to note that performance under the program in 2006 has been
positive.
The mission, jointly with the Moldovan authorities,
reached a preliminary agreement on a new MEFP for 2007. This agreement as always
will need to be reviewed by the IMF Management, following which it will be
submitted to the IMF’s Executive Board for consideration. It is hoped that the
IMF Executive Board will be able to consider this proposed agreement in
mid-December 2006.
Importantly, the mission plans to propose an increase in
the size of the loan, from $118m
to about $163m, over three years. This proposed increase would be intended to
help Moldova adjust to the difficult external circumstances it faces.
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