Moldova & IMF IMF Activities Publications Press Releases


Limba romana                                                                                                      Russian

March 4, 2022

Rodgers Chawani
IMF Resident Representative in the Republic of Moldova

PRESS STATEMENT 


Mr. Ruben Atoyan, mission chief of the International Monetary Fund (IMF) for Moldova, will visit Chisinau during March 9-16, 2022. He will lead in-person and remote discussions between the authorities and IMF Headquarters in Washington D.C.  
 

The purpose of the staff visit is to assess implications from the Russia-Ukraine conflict and support Moldovan authorities in their crisis response and contingency planning efforts. 
 

Background: Moldova’s 40-month IMF program, approved on December 21, 2022, is supported by a loan of about US$558.3 million (SDR 400.0 million), of which US$79.8 million (SDR 57.2 million) have been already disbursed. Financing under the ECF carries a zero-interest rate with a grace period of 5˝ years, and a final maturity of 10 years, and financing under EFF carries an annual interest rate equal to the SDR basic rate of charge (currently 1.2 percent) and is repayable over 10 years with a 4˝ -year grace period.