Moldova & IMF IMF Activities Publications Press Releases


Limba romana                                                                                                      Russian

March 31, 2022

Rodgers Chawani
IMF Resident Representative in the Republic of Moldova

PRESS STATEMENT 


An International Monetary Fund (IMF) staff team led by Mr. Ruben Atoyan will conduct discussions with the Moldovan authorities during April 4-8, 2022.

The mission will discuss the potential augmentation and rephasing of the ECF-EFF program to support the authorities’ efforts to secure resources for the pressing financing needs due to the multiple crises in Moldova


Background
: Moldova’s 40-month IMF program, approved on December 21, 2022, is supported by a loan of about US$558.3 million (SDR 400.0 million), of which US$79.8 million (SDR 57.2 million) have been already disbursed. Financing under the ECF carries a zero-interest rate with a grace period of 5˝ years, and a final maturity of 10 years, and financing under EFF carries an annual interest rate equal to the SDR basic rate and is repayable over 10 years with a 4˝ -year grace period.