{"id":442168,"date":"2016-05-23T16:31:32","date_gmt":"2016-05-23T16:31:32","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=442168"},"modified":"2016-05-23T16:31:32","modified_gmt":"2016-05-23T16:31:32","slug":"imf-mission-visiting-moldova","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/imf-mission-visiting-moldova\/","title":{"rendered":"IMF mission had a meeting with the Government of Moldova"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>On May 23rd, the Government of Moldova had a meeting with <a href=\"http:\/\/www.moldova.org\/en\/imf-experts-coming-moldova-may-23-27\/\" target=\"_blank\">the mission of experts from the International Monetary Fund<\/a> led by Ivanna Vladkova-Hollar. <\/p>\n<p>Even if the mission doesn&#8217;t have the mandate to negotiate a new financial assistance program, the Prime-Minister Pavel Filip emphasized that the agreement with the IMF is a key one, mentioning Government&#8217;s priorities in implementing reforms. According to Filip, the first step was the financial stabilization, so that the Government can pay the salaries and the pensions, &#8220;due to the designation of integral persons at the Customs Office and the Fiscal Agency&#8221;.<br \/>\n<img fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/gov.md\/sites\/default\/files\/content_images\/foto-_j0a5717.jpg\" width=\"1600\" height=\"1067\" class=\"alignnone\" \/><\/p>\n<p>In her turn, Vladkova-Hollar told that the IMF will take in account the recent evolution of the financial and banking sector, but also recommends to consolidate the banking regulation and the independence of the regulation and monitoring institutions. The IMF official stressed out that there is need to solve problems like excluding justice&#8217;s involvement in the regulation and monitoring of the banks, ensuring the transparency of banks&#8217; shareholders, establishing of mechanisms to manage the risks brought by commercial banks. <\/p>\n<blockquote><p>&#8220;It is important to have a correct strategy, so that the situation is not repeated&#8221;, reads the press-release, referring to the recent one billion theft from three Moldovan banks.<\/p><\/blockquote>\n<p><img decoding=\"async\" src=\"http:\/\/gov.md\/sites\/default\/files\/content_images\/foto-_j0a5725_1.jpg\" width=\"1600\" height=\"1067\" class=\"alignnone\" \/><\/p>\n<p>The IMF mission will have meetings with the leadership of the National Bank of Moldova, the National Commission of the Financial Market, the Ministry of Finances and with the managers of several commercial banks.<\/p>\n<p>Recently, the IMF Representative in Moldova <a href=\"http:\/\/www.moldova.org\/en\/imf-moldova-no-actions-taken-address-bad-governance-banking-sector\/\" target=\"_blank\">issued a declaration to the journalists<\/a>, criticizing the inaction taken by the Government to address the bad governance in the banking sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>On May 23rd, the Government of Moldova had a meeting with the mission of experts from the International Monetary Fund led by Ivanna Vladkova-Hollar. Even if the mission doesn&#8217;t have the mandate to negotiate a new financial assistance program, the Prime-Minister Pavel Filip emphasized that the agreement with the IMF is a key one, mentioning [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":442169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6],"tags":[],"class_list":["post-442168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-important-en"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>On May 23rd, the Government of Moldova had a meeting with <a href=\"http:\/\/www.moldova.org\/en\/imf-experts-coming-moldova-may-23-27\/\" target=\"_blank\">the mission of experts from the International Monetary Fund<\/a> led by Ivanna Vladkova-Hollar. <\/p>\n<p>Even if the mission doesn&#8217;t have the mandate to negotiate a new financial assistance program, the Prime-Minister Pavel Filip emphasized that the agreement with the IMF is a key one, mentioning Government&#8217;s priorities in implementing reforms. According to Filip, the first step was the financial stabilization, so that the Government can pay the salaries and the pensions, &#8220;due to the designation of integral persons at the Customs Office and the Fiscal Agency&#8221;.<br \/>\n<img fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/gov.md\/sites\/default\/files\/content_images\/foto-_j0a5717.jpg\" width=\"1600\" height=\"1067\" class=\"alignnone\" \/><\/p>\n<p>In her turn, Vladkova-Hollar told that the IMF will take in account the recent evolution of the financial and banking sector, but also recommends to consolidate the banking regulation and the independence of the regulation and monitoring institutions. The IMF official stressed out that there is need to solve problems like excluding justice&#8217;s involvement in the regulation and monitoring of the banks, ensuring the transparency of banks&#8217; shareholders, establishing of mechanisms to manage the risks brought by commercial banks. <\/p>\n<blockquote><p>&#8220;It is important to have a correct strategy, so that the situation is not repeated&#8221;, reads the press-release, referring to the recent one billion theft from three Moldovan banks.<\/p><\/blockquote>\n<p><img decoding=\"async\" src=\"http:\/\/gov.md\/sites\/default\/files\/content_images\/foto-_j0a5725_1.jpg\" width=\"1600\" height=\"1067\" class=\"alignnone\" \/><\/p>\n<p>The IMF mission will have meetings with the leadership of the National Bank of Moldova, the National Commission of the Financial Market, the Ministry of Finances and with the managers of several commercial banks.<\/p>\n<p>Recently, the IMF Representative in Moldova <a href=\"http:\/\/www.moldova.org\/en\/imf-moldova-no-actions-taken-address-bad-governance-banking-sector\/\" target=\"_blank\">issued a declaration to the journalists<\/a>, criticizing the inaction taken by the Government to address the bad governance in the banking sector. <\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/imf-mission-visiting-moldova\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fimf-mission-visiting-moldova%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" 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