Moldova and IMF Agree on New Three Year Support Program
The International Monetary Fund and Moldova have reached a non-financing agreement to support structural reforms and macroeconomic stability. The program aims to anchor growth amid global energy shocks while supporting the nation's goal of joining the European Union by 2030.
Moldova and the International Monetary Fund reached a three-year non-financing agreement on Wednesday to support structural reforms and macroeconomic stability. The Policy Coordination Instrument replaces direct funding with technical assistance to attract external capital. The deal aims to anchor the Moldovan economy as it targets European Union membership by 2030.
### Structural Reforms Without Direct Funding Prime Minister Alexandru Munteanu announced the agreement on Wednesday in Chisinau. The Policy Coordination Instrument focuses on preventing crises and strengthening policy frameworks rather than providing immediate cash injections. Munteanu noted that the IMF Executive Board must still grant final approval for the three-year cooperation program.
