Republic of Moldova: Article IV Consultation and Second Reviews under the Extended Fund Facility and Extended Credit Facility Arrangements-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova

December 21, 2017

Preview Citation

Format: Chicago

Republic of Moldova: Article IV Consultation and Second Reviews under the Extended Fund Facility and Extended Credit Facility Arrangements-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova, (USA: International Monetary Fund, 2017) accessed September 18, 2024

Summary

This 2017 Article IV Consultation highlights that growth in Moldova is expected to be about 3 percent in 2018. Inflation is forecast to return to target in 2018, following a pickup in 2017. The banking sector has been stable, the fiscal performance has improved and Moldova’s external position has strengthened. The outlook, however, is still subject to substantial risks. The program is broadly on track, but continued reform efforts are needed to accelerate growth and improve living standards. Important progress has been made toward cleansing the financial sector, though with delay, including by strengthening supervisory and regulatory frameworks and increasing management and ownership transparency.

Subject: Banking, Commercial banks, Credit, Expenditure, Financial institutions, Inflation, Money, National accounts, Prices, Public investment spending

Keywords: Capital market law, Commercial banks, CR, Credit, Eastern Europe, Europe, Executive Board discussion, Global, Inflation, ISCR, NBM, NBM reform agenda, Price inflation, Public investment spending, Trade data

Publication Details

Pages:

103
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/398
Stock No:

1MDAEA2017003
ISBN:

9781484334850
ISSN:

1934-7685

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