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.

Author/Editor:

International Monetary Fund

Publication Date:

July 25, 2011

Electronic Access:

Free Full text (PDF file size is 982 KB).Use the free Adobe Acrobat Reader to view this PDF file

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:

English

Publication Date:

July 25, 2011

ISBN/ISSN:

9781462326426/1934-7685

Stock No:

1MDAEA2011003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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