Prime Minister met with IMF expert team

Economic developments and reform priorities for the coming period were examined during a meeting between Prime Minister Alexandru Munteanu and the team of experts from the International Monetary Fund (IMF), currently visiting Chișinău. “We have ambitious objectives and we are determined to achieve them, in partnership with international institutions and with the support of our citizens,” he said.

The Prime Minister emphasized that the authorities in Chișinău remain committed to advancing the reform agenda and strengthening economic stability, despite current challenges.

“The Republic of Moldova is going through a complicated context, marked by external challenges, including the impact of wars in the region. At the same time, we remain committed to advancing the reform agenda and strengthening economic stability,”he noted.

Tax reform was another topic on the discussion agenda. According to the Prime Minister, this is a key reform to ensure the sustainability of public finances and to provide the capacity to cover the costs associated with modernizing the state.

A team of experts from the International Monetary Fund (IMF) will be in Chișinău on May 7 - 20. IMF’s Resident Representative in the Republic of Moldova Svetlana Cerović announced on Tuesday that the mission will hold discussions with the authorities following the request for a new program supported through the Policy Coordination Instrument (PCI).

“The IMF experts will analyze recent developments in the economy, update the assessment of macroeconomic prospects and risks, and discuss policy and reform priorities with the authorities and other relevant stakeholders,” announced Svetlana Cerović.

In late February, the IMF Executive Board took note of the interest of the authorities in Chișinău in concluding a new agreement with the IMF, stressing that maintaining relations through an IMF-supported program will be essential for reviving reform momentum and supporting EU accession. The authorities hope that a new agreement with the IMF will strengthen macroeconomic stability, increase investor confidence, and support the implementation of the reforms assumed by the Government.