Republic of Moldova: Fifth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements, First Review Under the Arrangement Under the Resilience and Sustainability Facility, and Request for Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova
IMF Staff Country Reports, July 11, 2024
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- Republic of Moldova: Fifth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements, First Review Under the Arrangement Under the Resilience and Sustainability Facility, and Request for Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova
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Bibliographic details
- Published: July 11, 2024
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400282218.002
Economic recovery and growth
- Recovery from multiple shocks has been slower than anticipated.
- Growth was lower than expected in 2023 and is described as more subdued in 2024.
Inflation and monetary policy
- Inflation has remained within the National Bank of Moldova’s target band since last October.
Policy response and contingency planning
- Authorities have focused on contingency planning while maintaining agile policies.
- These efforts have helped contain the impact of recent shocks.
Reforms, priorities, and development objectives
- Ongoing efforts to:
- Undertake growth-friendly reforms.
- Strengthen energy security.
- Promote climate resilient investments.
- Pursue the path toward EU accession.
- Continued progress on anti-corruption reforms is needed to increase trust in Moldova’s institutions and foster socio-economic development.
- Adoption of the law establishing a new Anti-Corruption Court, expected this summer, is highlighted as a key welcomed development; authorities should operationalize the Court quickly and effectively.
Program reviews and request
- Fifth Reviews under the Extended Credit Facility and Extended Fund Facility Arrangements.
- First Review under the Arrangement under the Resilience and Sustainability Facility.
- Request for Modification of a Performance Criterion.
Subject tags and keywords (as listed)
- Subjects: Climate change, Climate finance, Climate policy, Credit, Environment, Money, Natural disasters
- Keywords: Climate change, Climate finance, Climate policy, Credit, EU agenda, EU integration, EU integration agenda, Global, Natural disasters, Policy commitment, weather events risk
Content in this bundle
- 1mdaea2024001-print-pdf