IMF Mission Wind Up Visit To Moldova

The International Monetary Fund (IMF) mission headed by Richard Haas, adviser of the Europe-2 department, winds up its visit to Moldova on Wednesday. The mission arrived in Chisinau on April 25 with an objective to get acquainted with a new leadership of the republic and an economic policy it is going to pursue. There is currently no information on the results of the talks held. However, it is known that the sides discussed a possibility of granting Moldova other tranches of loans in the amount of USD 142 million. The first two tranches, USD 12 million each, were transferred to the republic in December 2000 and February 2001 when the government was headed by Dumitru Braghis. During his latest visit to Chisinau early in February 2001 (before the parliamentary and presidential elections in Moldova) Richard Haas stated that the IMF is prepared to cooperate with the new leadership of the republic provided that it would continue the reform course. President of Moldova, Communist leader Vladimir Voronin stated in his turn that the republic intends to continue relations with international financial organisations.

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