The Moldovan Government has okayed modifications to the 2017 state budget, increasing both the incomes and the expenses with 385.9 mn lei.

The amendment provides for disbursing more money to local administrations plus additional money from the fund for repairing roads.

The Cabinet also plans to set up a liquidity reserve in amount of MDL2 bn for unforeseeable situations in the financial and banking sector.

It has got the IMF’s agreement on this and is seen as a tool of strengthening the macro-budgetary stability.

The Parliament is to pass this bill.