IMF Mission to Visit Moldova in September
OREANDA-NEWS. July 24, 2014. This was discussed at the meeting between the Prime Minister Iurie Leanca with the experts of the IMF mission, headed by Max Alier, who was in Chisinau from 16 to 22 July with the aim of study the situation in the financial-banking sector of the country, as well as to discuss assistance for the development of Moldova and implementation of structural policies after the expiration of IMF-supported programs.
The main topics of the meeting was the evolution of macroeconomic situation in 2014 and in the medium term, the monetary policy of the National Bank of Moldova, the situation in the financial system (banking and non-banking sector of the country, execution of the national public budget, including the state social insurance budget in 2014, budget prospects for 2015 and budgetary framework for the medium term for 2015-2017.
The parties discussed the current risks for evolution of macroeconomic situation in Moldova, especially in the context of export restrictions introduced by Russia, as well as complex regional situation. Max Alier said that during the visit, the IMF experts held talks with representatives of the ministries of Finance and economy, the National Bank and the National Commission for financial market, the heads of some commercial banks.
According to him, the official conclusions of IMF experts will be presented to the authorities of Moldova in the nearest future. Iurie Leanca touched on measures to improve the regulatory framework in the financial-banking sector, and noted that the government will continue to promote cautious fiscal and monetary policies, which have claimed responsibility. The Prime Minister also stressed that decisions aimed at improving the lives of people in Moldova and assured them of sustainability, which means that the planned increase in salaries and benefits will have the financial coverage.
The Prime Minister noted the importance of maintaining a constructive dialogue with international financial institutions, including the IMF, to ensure financial stability and attraction of investments in the Moldovan economy. The meeting was attended by representatives of the ministries of Finance, economy, labor, social protection and family, the National Bank of Moldova and the State Chancellery.
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