Pavel Filip: IMF agreement is the start of reforms and economic recovery

The IMF Executive Board approved the program for Moldova's funding. The three-year program, during which time the Republic will receive approximately $180 million.

Prime Minister Pavel Filip confirmed the information and sent a thank you message to colleagues and the IMF team.

"I welcome the unanimous approval of the agreement with the IMF and thank colleagues who have worked professionally to fulfill the preconditions.

Thank you to the IMF staff that worked with us, with a special gratitude for the office of Chisinau.

I limit myself to gratitude because it's not time for festivity. The approval of the agreement with the IMF is a profound moment of start of reforms supported by international expertise, a commitment that I made to the external partners and that we will respect.

Another important effect of the IMF program is unlocking the external financing and economic recovery of the country.

The following days we will communicate the main lines underlying the IMF program, so people can be informed " , said Prime Minister Pavel Filip.

The approval of the agreement was made possible after the Government and the National Bank actions fulfilled the Memorandum of Economic and Financial Policies, concluded on July 26 between Moldova and the IMF.

Read also: Government wants agreement signed with IMF in October

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