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IMF approves $ 20 million loan tranche for Moldova

US, WASHINGTON (NEWS OBSERVATORY) — The International Monetary Fund (IMF) approved on Thursday a tranche of a loan for Moldova in the amount of about $ 20 million.

“One of the key goals achieved was the restoration of the banking sector, which along with other reforms helped strengthen macroeconomic and financial stability,” the fund said in a statement.

In 2016, the IMF approved a program of assistance to Moldova to support economic and financial reforms, the country as a result has already received about $ 178.7 million.

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