Chisinau, Moldova: Romania's prime minister says his country has paid 60 million euros ($68 million) to Moldova, the first part of a larger loan, and urged the government to continue making reforms.
In July, the International Monetary Fund reached an agreement with Moldova for a $179 million, 3-year loan arrangement conditional on the government carrying out reforms. Romania, a close ally of Moldova, is helping out financially.
During a one-day visit today, Premier Dacian Ciolos praised reforms carried out so far by Moldova's government, which have also been approved by the IMF and European Commission.
He said: "The Romanian government wants Moldovan citizens to enjoy a better situation, which is why we unreservedly support reforms."
Ciolos said the money was paid Wednesday.
In July, the International Monetary Fund reached an agreement with Moldova for a $179 million, 3-year loan arrangement conditional on the government carrying out reforms. Romania, a close ally of Moldova, is helping out financially.
During a one-day visit today, Premier Dacian Ciolos praised reforms carried out so far by Moldova's government, which have also been approved by the IMF and European Commission.
Ciolos said the money was paid Wednesday.
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