Republic of Moldova : Third Reviews Under the Extended Arrangement and Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria: Staff Report; Staff Supplement; Press Release.

Publication Date: July 25, 2011
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Summary: The economy is on the right track, and program performance has been good. Fiscal adjustment is on track to restore fiscal sustainability. The adjustment plan appropriately focuses on reducing current spending while increasing investment and protecting the most vulnerable. The current monetary stance is adequate. Completion of the crisis preparedness and debt resolution frameworks will reduce vulnerability to shocks and promote financial intermediation. Progress toward restoring financial sustainability in the energy sector has been slow. Improving the business climate and promoting exports remain key.
Series: Country Report No. 11/200
Subject(s): Economic conditions | Extended arrangement reviews | Extended Credit Facility | Financial sector | Performance criteria modifications | Staff Reports

Publication Date: July 25, 2011
ISBN/ISSN: 9781462326426/1934-7685 Format: Paper
Stock No: 1MDAEA2011003 Pages: 70
US$18.00 (Academic Rate:
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