Republic of Moldova: Staff Report for the 2004 Article IV Consultation
IMF Staff Country Reports, February 17, 2005
Source details
- Canonical URL
- Republic of Moldova: Staff Report for the 2004 Article IV Consultation
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Bibliographic details
- Published: February 17, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825022.002
Macroeconomic performance (2003–04)
- GDP grew by 6.3 percent in 2003.
- GDP advanced to 6.5 percent (year over year) in the first half of 2004.
- Economic activity benefited from a favorable external environment in 2003–04.
- Large and rising workers’ remittances underpinned consumption-led growth and helped consolidate Moldova’s recovery from the 1998 regional crisis.
Structural reforms and constraints
- Progress in structural reforms remains slow.
- High transaction costs continue to hold back private sector-led growth.
- Some progress has been registered in revising the legal framework affecting:
- investment
- microfinance
- audit
- accounting
- leasing
Fiscal developments
- Some progress in fiscal reforms was observed (no further numeric details provided in the source text).
Subjects and keywords captured in the report
- Subjects: Currencies, Expenditure, External debt, Fiscal policy, Inflation, Prices, Public debt
- Keywords: authority, consumer price index inflation, CR, Europe, GDP, inflation, ISCR, low-inflation objective, reform agenda, state chancellery, state intervention
Publication metadata (excerpt)
- Pages: 67
- Volume: 2005
- Issue: 048
- Series: Country Report No. 2005/048
- DOI: https://doi.org/10.5089/9781451825022.002
- Stock No: 1MDAEA2005001
- ISBN: 9781451825022
- ISSN: 1934-7685
Republic of Moldova: Staff Report for the 2004 Article IV Consultation (IMF Staff Country Reports 2005, 048).