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Statement on Moldova by Kenji Okamura, IMF Deputy Managing Director

"While economic growth is expected to recover in 2025, downside risks remain. Authorities should pursue prudent policies and maintain adequate levels of reserves, and have robust contingency plans in place, including shocks to the energy sector. And at the same time - promote investment and reforms favorable to economic growth. The EU accession process will also play a favorable role in this regard.
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Statement on Moldova by Kenji Okamura, IMF Deputy Managing Director

Kenji Okamura, IMF Deputy Managing Director

Fiscal policy should remain focused on the gradual consolidation of… Public policy should also focus on improved budget planning and successful capital investment, as well as on increasing revenues.

…Energy and other risks require a cautious approach to monetary policy and to maintaining adequate foreign exchange reserves.

Further progress on anti-corruption reforms is needed to increase confidence in state institutions and promote socio-economic development. In this regard, the adoption of a law establishing a new Anti-Corruption Court and ensuring that the Anti-Corruption Prosecutor’s Office is adequately staffed are key priorities. Efforts to strengthen the governance, autonomy and transparency of the National Bank of Moldova should also continue.

The authorities should work harder to meet the conditions agreed under the RSF program to complete the two lagging reforms, as part of the ongoing program review, and to make progress on the remaining measures in the area of climate change adaptation. Progress in this area is important for building climate resilience, attracting finance for green investments and supporting sustainable long-term development.”


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