WASHINGTON, May 21 -- The International Monetary Fund issued the following news release:

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IMF Staff Reaches Staff-Level Agreement with Moldova on a New 36-month Policy Coordination Instrument

* The Moldovan authorities and IMF staff have reached staff-level agreement on a new non-financing Policy Coordination Instrument (PCI) to support Moldova's policies and reforms. The agreement is subject to approval by the IMF's Executive Board.

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