Yesterday the prime minister of Moldova, Pavel Filip, announced through a posting on Facebook that Moldova has again become attractive internationally, announcing that "we have an agreement”.

According to official statements, the GoM and IMF experts have reached a "Staff Level Agreement" (agreement among experts), for a program of economic reforms, backed by a 3 year funding arrangement.

This agreement among experts is a step towards unlocking the financial support given to Moldova by other donors and development partners. The Romanian MEP Andi Cristea already expressed himself in this regard: "It is time for the Government in Bucharest to give a fresh breath of oxygen to Filip Government and to hasten the granting of the first tranche of the bilaterally negotiated loan worth 150 million euros. Similarly, the European Commission will give the green light for the resumption of the budget support of the EU for Moldova", he said, quoted by zdg.

The agreement at staff level will have to be approved by IMF management and the Executive Board in October this year. If approved, Moldova will receive a funding of about 179 million US dollars.

The Agreement requires certain conditions to Moldova regarding the implementation of reforms (anti-corruption fight, sustainable policy in the energy sector and the agenda of budget and tax reforms).

We remind that the conditions of signing a new country program with Moldova were discussed during the visit of the IMF mission headed by Ivanna Vladkova-Hollar during 5 to 15 July this year.

It has to be pointed out that IMF decision came a day before the Parliament to decide on the resignation of the Filip Government based on the motion submitted by the SPRM, the LDPM and the CPRM. The deputies are meeting today to debate three motions: simple motions against the activity of the Deputy Prime Minister for Social Affairs Gheorghe Brega, the Minister of Regional Development and Construction, Vasile Bîtca, and the motion of censure against the activity of the Filip Government.
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