Moldovan PM meets IMF team at end of mission

Prime Minister Alexandru Munteanu today met the International Monetary Fund’s (IMF) team at the conclusion of the consultation mission in Moldova, which took place on December 4-17. During the meeting, the IMF expert team's conclusions were presented and the reform priorities that will support the country's economic development and improve people's quality of life were discussed.

The PM thanked for the recommendations received and reaffirmed his commitment to strengthening cooperation with the IMF, emphasizing that external partners' support was essential to achieve strategic goals of growing the national economy, implementing the reform agenda to advance on the European path, and ensuring the security of Moldova. The prime minister expressed the country's interest in initiating a new programme with the IMF.

“Our priority is to maintain the fiscal and budgetary discipline and support citizens through well-targeted and effective measures. At the same time, we want to switch  from an economy largely based on consumption to one supported by investments and production. We are implementing these reforms and advancing simultaneously on our path to the European Union,” said the prime minister.

The head of the IMF Mission, Alina Iancu, said that, through close collaboration and open, productive discussions, the mission had provided a clear picture of the Moldovan economy's status, outlining the priority areas for intervention. “We witness a gradual recovery of economic growth and the EU accession process along with the EU-supported Growth Plan provides a unique opportunity to boost productivity, accelerate long-term economic growth and improve citizens' living standards,” said the IMF Missions’ head.

Based on the mission's preliminary conclusions, the team of experts will prepare a report that, on condition of approval by the IMF management, will be submitted for discussion and approval to the IMF Executive Directors' Board.