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Oct 16, 2020 18:03 EEST
October 16 (SeeNews) - The International Monetary Fund (IMF) will remotely hold discussions with Moldovan authorities during October 19-27 in order to gather information on recent economic developments, IMF resident representative Rodgers Chawani said on Friday.
An IMF staff team led by Ruben Atoyan will also discuss the authorities’ policies to maintain macroeconomic and fiscal stability, including in the context of the state budget for 2021, as well as the implementation of commitments for the staff-level-agreed ECF/EFF arrangements, Chawani said in a statement.
In July, the IMF announced that it has reached a staff-level agreement with the Moldovan government on an economic reform programme supported by a $558 million (476 million euro) loan.
The IMF said earlier this month that Moldova's economic output will fall by 4.5% in 2020 and then rise by 4.1% in 2021.
($ = 0.854 euro)
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