March 22 (SeeNews) - An International Monetary Fund (IMF) mission will arrive in Moldova on Monday for an update on the country's macroeconomic situation, the IMF said.
The mission led by Ruben Atoyan will stay in Moldova until March 29, the IMF said in a press release on Friday.
"This is a fact-finding mission to update on recent economic developments and discuss the authorities’ policies to maintain macroeconomic and fiscal stability," the IMF said.
Such staff visits are standard practice in program cases outside of the formal cycle of program reviews, it added.
In July, the IMF decided to lend Moldova a further $33.8 million (29.8 million euro) under the current three-year funding arrangement.
So far, the latest allocation included, Moldova has received a total of $113.3 million in four tranches under the current three-year credit facility of $178.7 million approved in November 2016.
($ = 0.8838 euro)