Republic of Moldova: Staff Report for the 2006 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

May 24, 2006

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Republic of Moldova: Staff Report for the 2006 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2006) accessed September 18, 2024

Summary

This paper discusses the 2006 Article IV Consultation for Moldova and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility. The economic growth of Moldova has continued to be robust, although the drivers of growth—household consumption and construction—remain heavily dependent on inflows of remittances, as well as strong wage growth. Real GDP growth in 2005 was more than 7 percent, as it has been since early in the decade. Inflation has gradually abated. The trade balance deteriorated significantly in 2005, owing in large part to the impact of higher energy prices.

Subject: Budget planning and preparation, Energy pricing, Expenditure, External debt, Health, Revenue administration

Keywords: Authority, Central and Eastern Europe, CR, Deficit, Energy pricing, Europe, European Union-Moldova action plan, GDP, Global, ISCR, Moldova, Moldova's request, NBM law, Reform agenda, Staff appraisal, Western Europe

Publication Details

Pages:

110
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/184
Stock No:

1MDAEA2006002
ISBN:

9781451825077
ISSN:

1934-7685

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