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Moldova

Yearbook 1999

Moldova. In February, Prime Minister Ion Ciubuc resigned as he considered it impossible to keep the rival parties in the coalition together. After just over a month of cow trading, Deputy Prime Minister Ion Sturza succeeded in forming a new coalition government, which was approved by Parliament with 57 votes to 37. The economically friendly Sturza led a center-right government with the Movement for a Democratic and Prosperous Moldova, the Renewal Party and Moldova.

1999 Moldova

According to Countryaah official website, the International Monetary Fund (IMF) declared in August that M. could issue parts of a loan approved three years earlier. The condition, however, was that the economic reforms went according to plan. The IMF was satisfied with the privatization process, but expressed concern over the country's high national debt and the delays in the payment of the foreign debt. In early November, the IMF declared that the wine and tobacco industry must be privatized and the budget revised in order for the loan to be triggered. The IMF called on Parliament to approve the proposals that had previously been rejected. Ion Sturza threatened with the government's departure if the IMF's terms were not approved. Parliament voted against the proposal and the IMF decided to freeze the loan. The government faced mistrust in Parliament, lost the vote and was forced to resign.

It proved difficult to gather support for a new government leader. The president gave the assignment to Valerij Babutsak, but Parliament voted him down. In early December, Communist Party leader Vladimir Voronin was given the assignment instead, but he also did not get enough support in Parliament. Moldova thus went on a politically and financially troubled winter. Because the country did not pay its bills, Russian gas giant Gazprom had halved the deliveries to Moldova.

In November, the Russian army began to withdraw old Soviet weapons arsenal from Transnistria, where large arms stocks remained after the Soviet Union's dissolution and Moldova's independence in 1991. At the OSCE summit in Istanbul, the Russian Federation promised to withdraw all its troops from Moldova at the latest at the end of 2002.

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