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PRESS RELEASE 4 December 2008

IMF Mission to visit Estonia

The visit of the mission of the International Monetary Fund (IMF) to Estonia on December 9-15 is aimed at concluding the regular Article IV consultations between the IMF and Estonia, which started in May this year. In the course of the visit the IMF delegation has meetings with representatives from both the public and the private sector.

During the nearly week-long visit, the IMF mission has meetings with government members, representatives of Eesti Pank and the Financial Supervision Authority, managers of commercial banks and private companies, as well as economic analysts. The IMF staff will be provided an overview of the current situation and outlook of the Estonian economy, fiscal policy and financial sector.

The conclusions of the visit will be presented by Head of the IMF mission Mr Franciszek Rozwadowski at Eesti Pank's and IMF's joint press conference on Monday, 15 December at Eesti Pank.

The International Monetary Fund discusses relevant economic policy issues with its member countries every year. In the course of the Article IV consultations the IMF prepares a report on Estonia containing economic policy assessments first discussed by the IMF Board and then published.

Further information:
Ingrid Mitt
Public Relations Bureau
Tel: +372 668 0965, +372 512 6843
E-mail: ingrid.mitt@epbe.ee