Moldova discusses new IMF PCI program without direct financing
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Maia Sandu discussed with IMF mission the program without financing

President Maia Sandu held talks with a mission of the International Monetary Fund (IMF) on a new cooperation program under the Policy Coordination Instrument (PCI). The meeting took place on Sunday, May 10, during the visit of the IMF mission to Chisinau between May 7 and 20.
Светлана Руденко Reading time: 1 minute
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Maya Sandu IMF

The visit is carried out at the request of the Moldovan authorities in order to negotiate a new agreement within the framework of PCI – the IMF’s non-direct financing program, designed for countries that want to receive the Fund’s support in strengthening their macroeconomic and budgetary framework without attracting loans.

According to the presidential press service, Maia Sandu reiterated Moldova’s commitment to an “ambitious reform program”, especially in the fields of economic and fiscal policies, financial stability and strengthening of the macroeconomic framework.

“The partnership with the IMF complements Moldova’s EU accession agenda – it is a clear signal to development partners and investors about the stability and predictability of the country’s economy,” the statement said.

As previously wrote Logos Press, the Fund’s experts will analyze the latest economic trends, update macroeconomic forecasts and risks, as well as discuss policy and reform priorities with the authorities and other stakeholders.

Prime Minister Alexandru Munteanu urged ministers and relevant agencies to ensure a “very close and productive cooperation” with the IMF mission, emphasizing: “This is also an important stage of our economic dialog and confidence building.”



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