IMF reaches staff-level accord with Moldova for $179M loan

July 26, 2016 8:03 PM

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CHISINAU, Moldova – The International Monetary Fund says it has reached an agreement with Moldova for a $179 million, 3-year loan arrangement conditional on the government carrying out reforms.

The IMF said Tuesday its staff members have reached a "staff-level agreement on an economic reform program" with Moldovan authorities to be supported by the credit facility.

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