IMF Approves $180 Million Aid for Moldova, Citing Progress with Reforms

The International Monetary Fund has approved nearly $180 million in loans for Moldova ahead of a presidential runoff election that could see the former Soviet republic move closer to Europe or tilt toward Russia.
The IMF’s Executive Board in Washington approved the three-year loans on November 7 to support the country as it continues down the path of economic reform. The board said $36 million would be made available immediately

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