Friday, September 18, 2009

IMF to come back to Moldova to negotiate loan

Prime Minister Vlad Filat told the press today that "as soon as the Government is voted in, representatives from the International Monetary Fund will come to Chisinau to resume negotiations. We will, as a result, get a loan that will help us overcome the dramatic situation we are in today in terms of our budget deficit, debts, and many other problems."

An IMF delegation tried to negotiate with the former Communist authorities a few months ago, but did not reach an agreement. The Communists said at the time that the international organization had asked that salaries be lowered and that state employees be fired.

Mr. Filat said, however, that "the IMF never made such requests."

h/t www.stireazilei.md