Prime Minister Filip Had a Meeting with the IMF Mission Team
OREANDA-NEWS Prime Minister Pavel Filip had a meeting with the mission team of the International Monetary Fund (IMF) led by Ben Kelmanson today.
At the beginning of the meeting, the Prime Minister talked about key reforms implemented by Government related to the business environment, justice and the social fields. The Head of the Executive has specified that the measures aiming at improving the business environment have already yielded results and such efforts would continue. Special interest was also paid to the public administration reform, where substantial progress has been achieved.
Among Government’s mid-term and long term priorities were mentioned education, rule of law and road infrastructure improvement. Pavel Filip said that Government looks forward to the IMF’s support and assistance in important reforms.
In this context, Ben Kelmanson, the IMF Mission Chief, said that progress has been noted in certain sectors, but the efforts need to continue. In this respect, the situation in the financial, fiscal and energy sectors will be reviewed. The official has also specified that the goal of the mission is to take stock of the latest developments in the economy, discuss the long-term outlook and review how the authorities’ commitments under the IMF-supported program are being met. Ben Kelmanson also said that in the period ahead the situation in the financial, fiscal and energy sectors will be reviewed. The results of the review will be presented in the final report.
The IMF mission team is on a working visit to Chisinau during October 25 – November 7, 2017.
The three-year authorities’ program supported by the IMF was approved on November 7, 2016. It is financed through a credit of about USD 182 million, of which about USD 59 million have already been disbursed.