Moldova – Communist accusing the IMF of double standards

Former Minister of Economy MP Igor Dodon said that for the first time ever, the IMF mission did not meet with all parliamentary factions for consultations.

The Moldovan Communist Party (MCP) has accused the International Monetary Fund of using double standards when conducting Memorandum negotiations with the Governments of Grechanaya and Filat.

The Communists convened a news conference today and reminded to the press that the IMF refused to sign a Memorandum with the previous Government under the pretext that the Government was provisional. Presently, however, the IMF has not put forth any conditions to the Filat Government, which is also a provisional one – until election of president.

Former First Deputy Premier and Minister of Economy and Trade MP Igor Dodon said that for the first time ever, the IMF mission, which worked in Chisinau throughout October, did not meet with all parliamentary factions for consultations.

Dodon condemned the secret character of the new agreement between the International Monetary Fund and the Government of Moldova. He believes all this pursues an objective of giving optimistic signals to the society and of trying to conceal fractures in the ruling Alliance for European Integration and the document’s negative aspects.

According to the information Igor Dodon has, the Memorandum with the IMF stipulates extremely severe conditions for Moldova concerning the reduction of Budget expenditures – through slashing subsidies to farm sector, building up of Budget revenues by pushing up excises on various groups of goods, resuming of the tax on corporations’ re-invested incomes, cancellation of targeted compensations, freezing of salaries, and introduction of a genuine rate of centralized heating in Chisinau.

Igor Dodon presumes the IMF credit will not improve situation in Moldova if a half of its US$590 million size will be used for covering budget deficit.

Check Also

Turkey’s Erdogan Plots Power Grab Over Lawyers’ Organisations

Angered by their continued independence and support for democracy and secularism, the Turkish strongman is …