Moldova : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

August 5, 1998

Electronic Access:

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Summary:

This paper reviews economic developments in the Republic of Moldova during 1993–97. In 1993, the authorities adopted a comprehensive program of financial stabilization supported by a stand-by arrangement with the IMF. By 1995, the fiscal deficit had been cut to 5¾ percent of GDP and annual inflation had fallen to 24 percent. Exports and imports recovered rapidly, with the current account deficit narrowing to 8½ percent of GDP. In 1996, the authorities adopted a three-year program supported by resources under the extended IMF facility to accelerate and deepen the structural reforms.

Series:

Country Report No. 98/58

Subject:

English

Publication Date:

August 5, 1998

ISBN/ISSN:

9781451824926/1934-7685

Stock No:

1MDAEA0011998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

86

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