Republic of Moldova: Staff Report for the 2014 Article IV Consultation and First Post-Program Monitoring Discussions
July 8, 2014
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This paper focuses on Moldova’s 2014 Article IV Consultation and First Post-Program Monitoring Discussions. Moldova largely achieved the main objectives of the economic program supported by a combined Extended Credit Facility/Extended Fund Facility (ECF/EFF). The country’s economic performance was among the strongest in the region during 2010–2013. This was made possible by adequate macroeconomic stabilization measures and ambitious structural reforms implemented in the wake of the crisis under the IMF-supported program. The Moldovan economy recovered strongly from the drought-related contraction of 2012, but activity will significantly slow in 2014 owing to a moderation in agriculture production and related industries and weaker economic activity in main trading partners.
Subject: Budget planning and preparation, Expenditure, External debt, Fiscal policy, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)
Keywords: anti-money laundering regime, authorities' fiscal consolidation, authority, banking system restructuring, Budget planning and preparation, CR, Global, IMF staff estimate, inflation target range, ISCR, macroeconomic policy, Moldova, near-term plan
Pages:
76
Volume:
2014
DOI:
Issue:
190
Series:
Country Report No. 2014/190
Stock No:
1MDAEA2014001
ISBN:
9781498303736
ISSN:
1934-7685
