The EU High-Level Advisers Mission team has been extended. Janis Jankovskis, adviser on Public Finance Management (PFM), has started his assignment in the Republic of Moldova. In his current assignment, Mr. Jankovskis will provide policy advice to the Ministry of Finance, namely assisting in the implementation of the 2023-2030 Public Finance Management Development Strategy, including the design, monitoring, and evaluation of the Annual Action Plans for its timely implementation. Janis Jankovskis has over 20 years of professional experience in PFM analysis, policy advice, and capacity building...

International Monetary Fund (IMF) staff and the Republic of Moldova authorities have reached staff-level agreements on policies for completion of the fourth review under the Extended Credit Facility and Extended Fund Facility (ECF/EFF) arrangements and on a new Resilience and Sustainability Facility (RSF) arrangement. The agreement is subject to approval by the IMF’s Management and Executive Board. Completing the review will make SDR 70.95 million (about $92 million) available, bringing total disbursements under the program to about $461.3 million. According to IMF, program implementation...