OREANDA-NEWS. October 04, 2013. As the press service of the government informs, this was discussed during the meeting between the Prime Minister Iurie Leanca with IMF team experts headed by Max Alier, which completed their post-program monitoring in Moldova.

Speaking about the results of monitoring fiscal policies, the development of financial sector, monetary policy and structural reforms Max Alier said that after consultation with the authorities of the country, as well as the private sector, the IMF mission stated the positive development of the main macroeconomic indicators. According to him, this is the evidence of proper measures and activities taken by the specialized agencies. At the same time, the head of IMF mission noted the importance of further promoting structural reforms to ensure sustainable economic growth and fiscal balance.

In this context, he presented some recommendations of IMF mission, noting that special attention should be paid to risk management and transparency of the financial sector. He said that joint assessment of IMF and the World Bank showed that the abovementioned goals such as improving the business environment, infrastructure and human capital are included in the National Development Strategy "Moldova 2020 ". He confirmed IMF readiness to support Moldova in implementation of the strategy. In his turn, Iurie Leanca expressed his gratitude to all members of IMF and the mission of post- program monitoring for the support and expertise provided, noting that the government will take into account the results of IMF assessment in the development of national economic policies.

He also stressed that the government will make all its best to develop relations with IMF and other international institutions. As it was informed before, the IMF post-program monitoring mission took place from September 18 to October 1 and was carried out in connection with expiration of the program executed with IMF support.

The three-year IMF program with Moldova, approved on January 29, 2010 and expired at the end of April 2013, provided financial support for a total amount of about USD 574.4 million; USD 490 million of which were received by Moldova. The last tranche has not been allocated to Moldova as the country has not met a part of its obligations and it was impossible to complete the last review of the program.