Press Release: IMF Staff Concludes Visit to Moldova

May 31, 2016

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.

Press Release No. 16/257
May 31, 2016

An International Monetary Fund (IMF) mission led by Ms. Ivanna Vladkova-Hollar visited Chisinau during May 23–27. At the conclusion of the visit, Ms. Vladkova-Hollar made the following statement:

“Discussions focused on the authorities’ strategy for financial sector reforms and ensuring the long-term safety and soundness of Moldova’s banks. Progress was made in developing a common view on key problems, such as the need to strengthen governance and tackle non-transparent shareholder structures in the banks, but some issues remain outstanding.

“Further discussions on these issues will be held in the context of negotiations for a Fund-supported program, on an upcoming mission. The timing of such a mission is yet to be set.”

IMF COMMUNICATIONS DEPARTMENT

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