OREANDA-NEWS. November 12, 2009. This was announced by the Vice-Premier, the Minister of Economy of Moldova Valeriu Lazar in his interview to Reuter’s news agency.

"We hope to stabilize the situation this year and to come out of the “bottom” in the first half of the next year "... In general, in 2010 we expect economic growth of 1.5% ", - he said. According to Valeriu Lazar, in 2009 Moldova will have deflation of 2%, and in 2010, the consumer prices will rise by 5%.

In late October, the new authorities of Moldova have agreed with IMF on obtaining loans worth US590 million in 2010-2012. The funding of Moldova is perceived as a gesture of IMF to the new pro-Western government which came to power after the eight years of the communists’ governance. Valeriu Lazar said that Chisinau is looking forward to hold the conference of the Western donor countries in December.

Earlier, the EU representatives stated that the assistance of Brussels will depend on the progress of Chisinau in cooperation with IMF, which is ready to finance Moldova under conditions of strict budget, fiscal and monetary policies. According to the minister of economy, the new Moldovan authorities intend to improve the business climate and promise to privatize electricity and telecommunications sectors. "Now we have not the best climate for privatization. But we will privatize much the next year ... We continue to attract foreign investments”, - Valeriu Lazar added.