Igor Dodon on the Russian Loan: “There Is Confidence We’ll Receive this Loan”

Home / News / Igor Dodon on the Russian Loan: “There Is Confidence We’ll Receive this Loan”
This week, first specific negotiations were held on the Agreement of the 200 million Euros Russian loan provision to the Republic of Moldova. Negotiations completion and the Agreement signing are scheduled for November. At least, that’s what Igor Dodon, the head of state said in the “The President is Answering” program, ipn.md reported. “The work on the loan is in progress. The Minister of Finance informed me that the first precise discussions of some of the document articles took place this week. I think that near October we will complete negotiations on this Agreement and will be able signing the loan agreement,” the President added. According to the head of state, Moldova needs this loan to ensure reserves at the end of the year and to be able to enter the new year in a good financial situation. “There is confidence that we will receive this loan from our Russian colleagues,” the president said. In addition, he believes that there will be votes in parliament to vote for the agreement regardless of political battles. The agreement, which provides for the 200 million Euros Russian loan provision was ratified by parliament in April this year. Subsequently, the Constitutional Court suspended the agreement pending consideration of the case after a request from the Pro Moldova parliamentary group MP, Sergiu Sirbu. Some provisions of this law were also challenged by MPs from the Political Party "Platform for Dignity and Truth" and the Party "Action and Solidarity". Two weeks later, the government agreement with the Russian Federation providing the 200 million Euros state loan was declared unconstitutional. At the end of July, the government approved the decision to resume negotiations with the Russian Federation on the Russian loan.