A mission of the International Monetary Fund (IMF) headed by Mr. Thomas
Richardson, Deputy Division Chief, Northeastern Division (Belarus, Finland,
Moldova, Norway and Russia) in the IMF’s European Department, visited Chişinău
during February 21-28, 2007.
The IMF mission took stock of
the work of the government and the National Bank in meeting commitments under
the PRGF-supported program,
and assessed the macroeconomic outlook for 2007 in the light of recent
developments, such as the increase in gas prices and the outlook for resuming
wine exports to Russia.
The mission was pleased to note
that performance under the program in 2006 has generally been positive. Some
actions under the program have been implemented earlier than planned, and the
macroeconomic outlook is improving.
A mission to
conduct the Second Review under the program is expected to visit Moldova in
April-May. That mission will assess Moldova’s performance under the program
and prepare a report for consideration by the IMF’s Executive Board during the