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LAW OF THE REPUBLIC OF MOLDOVA

of January 21, 2022 No. 8

About attraction of external state loan from the International Monetary Fund via the expanded mechanism of crediting (ECF)

(as amended of the Law of the Republic of Moldova of 23.06.2022 No. 165)

The parliament adopts this organic law.

Art. 1. - Approve attraction of external state loan by the Government of the Republic of Moldova from the International Monetary Fund via the expanded mechanism of crediting (ECF) in the amount of 169518750 special drawing rights (DST) which will be used on financing of needs of the government budget.

Art. 2. - The external state loan granted by the International Monetary Fund via the expanded mechanism of crediting (ECF) returns ten equal shares after five and a half years after each removal from the account of loan. The interest rate for loan is established each two years and constitutes zero percent till 2023.

Art. 3. - To the government by means of the Ministry of Finance to perform servicing of the granted loan.

Art. 4. - This law becomes effective from the date of publication in the Official monitor of the Republic of Moldova.

Chairman of the parliament

Igor to Groce

 

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