The Republic of Moldova : Staff Report for the 2015 Article IV Consultation and Third Post-Program Monitoring Discussions-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. European Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/019

IMF Staff Country Reports

Language:

English

Subjects (All):

Moldova--Economic conditions.

Moldova.

Physical Description:

1 online resource (76 pages).

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This 2015 Article IV Consultation highlights that Moldova’s economic growth, at 3.6 percent, came in surprisingly strong in the first half of 2015 and was largely driven by net exports. Reserves fell by about a third between October 2014 and February 2015, but have been stable since. Net outflows in the financial account surged at end-2014, owing to election uncertainty and the banking crisis, but the outflow in currency and deposits tapered off in the second quarter of 2015. The near-term outlook is difficult. The economy is projected to contract by 1.75 percent in 2015, followed by a marginal recovery of about 1.5 percent in 2016. Deep reform is needed in the financial sector.

Notes:

Description based on print version record.

ISBN:

9781513576718

1513576712

9781498334419

1498334415

9781498349390

1498349390