Republic of Moldova: Staff Report for the 2012 Article IV Consultation, Fifth Reviews Under the Extended Arrangement and Under the Three-Year Arrangement Under the Extended Credit Facility, and Requests for Waivers for Non-Observance and Modification of Performance Criteria

 
 
Publication Date: October 22, 2012
 
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Summary: After the 2009 crisis, policies have improved markedly, backed by substantial foreign assistance. Notably, fiscal adjustment has reduced the large budget imbalance, monetary policy has tamed inflation, and structural reforms have spurred strong export expansion. These reforms led to impressive growth in 2010–11, but activity decelerated in 2012, reflecting the slowdown in the EU. The economy is highly exposed to further intensification of the euro area crisis via its dependence on remittances, exports, and capital inflows.
 
Series: Country Report No. 12/288
Subject(s): Article IV consultation reports | Extended arrangement reviews | Economic growth | Fiscal policy | Fiscal consolidation | Fiscal reforms | Monetary policy | Bank supervision | Economic indicators | Extended Credit Facility | Staff Reports | Press releases | Public information notices | Moldova

 
English
Publication Date: October 22, 2012
ISBN/ISSN: 9781475582062/2227-8907 Format: Paper
Stock No: 11MDAEA2012003 Pages: 75
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
English
Publication Date: October 22, 2012
ISBN/ISSN: 9781475582062/2227-8907 Format: Paper
Stock No: 1MDAEA2012003 Pages: 75
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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