World Bank, IMF to help Moldova to overcome economic crisis
The World Bank, in collaboration with the International Monetary Fund and donor countries, is proposing to the Government of Moldova to jointly work out and introduce a national anti-crisis program.
Meeting with Moldovan Acting President Mihai Ghimpu, World Bank Country Manager for Moldova Melanie Marlett said the above-mentioned international partners stand ready to provide immediate assistance to Moldova and to use every possible way to help overcome the crisis.
Melanie Marlett told Mihai Ghimpu that when Moldova concludes a program of cooperation with the International Monetary Fund, the World Bank will organize a meeting of Moldovan government members and the Brussels consultative group with participation of major donors to Moldova [the United States, Japan, Russia, the Netherlands, Germany].
The Republic of Moldova has been cooperating with the World Bank since 1992, and the Bank has to date financed 58 projects totaling US$775 million. Currently, 29 projects are being realized here to a total amount of US$270 million. The cooperation is based on the 2009-2012 Strategy of cooperation with Moldova, approved by the World Bank's Board of Executive Directors in January 2009.
Infotag
- Steps to resolve the Eurocrisis
- IMF on Molodva's progress to meet its commitment to reforms
- Doing Business in a More Transparent World
- Default in the Eurozone - the impact for the Transatlantic economy
- Greece has formally requested a new loan from the EU and the IMF
- Greece: Athens faces moment of truth, EU's Barroso says
- The IMF announced the dangers threatening the world economy
- Christine Lagarde and Agustin Carstens seek IMF support
- Christine Lagarde in Asian charm offensive for IMF bid
- Moldova needs new economic development strategy - World Bank experts
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India