The Board of Directors of the International Monetary Fund (IMF) completed the fourth evaluation of the programme agreed with Moldova, supported by the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF).
This evaluation resulted in a tranche of about $95 million in budget support for Moldova. The total amount of tranches disbursed under the current programme is approximately $466 million. This information was provided by the Finance Ministry, according to bizlaw.md.
The council also approved a six-month extension of the programme. In addition, a new programme financed by the Sustainability and Sustainable Development Credit Fund (RSF) for approximately USD 173 million was approved. The programme aims to support Moldova’s efforts in building climate resilience, reforming the energy sector, strengthening the financial sector to combat climate change and energy crises, and mobilising sustainable finance.
The IMF expressed the view that Moldova continues to face persistent challenges and emphasised the need to focus on fiscal policy to mitigate the impact of the crises, support economic recovery, and implement long-term reforms.