## Republic of Moldova: Selected Issues Paper

_IMF Staff Country Reports, July 27, 2010_

## Source details

**Canonical URL:** [Republic of Moldova: Selected Issues Paper](https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-moldova-selected-issues-paper-24077)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/republic-of-moldova-selected-issues-paper-24077/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/republic-of-moldova-selected-issues-paper-24077/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/republic-of-moldova-selected-issues-paper-24077/bundle-manifest.json)

## Bibliographic details
- Published: July 27, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455204908.002

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### Summary of substantive findings
- The composition of short-term and medium-term adjustment measures will facilitate sufficient short-term adjustment flexibility, and be consistent with medium-term fiscal sustainability.
- Improving debt resolution instruments will help the banks to regain confidence in lending.
- There is a need to consider improvements in the liquidity framework.
- The main factors that shaped the economic growth model in Moldova in the last decade and the risks of the current growth model are outlined.
- Public policies can promote growth by identifying and addressing the most binding constraints to development.

### Policy recommendations and implications
- Design adjustment measures that balance short-term flexibility with medium-term fiscal sustainability.
- Strengthen debt resolution instruments to restore bank confidence and encourage lending.
- Improve the liquidity framework to support financial system functioning.
- Target public policies to remove the binding constraints to development to promote sustainable growth.

### Thematic coverage (subjects and keywords)
- Subjects: Banking, Expenditure, Labor, Pension spending, Pensions, Public employment, Wages
- Keywords: bank, bill measure, CR, Eastern Europe, Europe, GDP growth, Global, growth model, growth performance, interest rate, ISCR, monetary policy, Pension spending, Pensions, Public employment, system reform, wage, wage bill, Wages

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## Content in this bundle

- **Republic of Moldova: Selected Issues Paper; IMF Country Report 10/232; July 1, 2010**
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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-moldova-selected-issues-paper-24077_