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Moldova Recent Economic Developments

This paper reviews economic developments in the Republic of Moldova during 1993–97. In 1993, the authorities adopted a comprehensive program of financial stabilization supported by a stand-by arrangement with the IMF. By 1995, the fiscal deficit had been cut to 5¾ percent of GDP and annual inflation...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:IMF Staff Country Reports
Subjects:
Banks
Banks And Banking
Micro Finance Institutions
Standards
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Expenditure
Public Finance
Money Supply
Imports
Monetary Base
Monetary Systems
Banking
Commercial Banks
International Economics
Money And Monetary Policy
Exports
Currencies
Expenditures, Public
International Trade
Government And The Monetary System
Public Finance & Taxation
Regimes
Exports And Imports
Depository Institutions
Mortgages
Money
Financial Institutions
Payment Systems
Monetary Economics
Trade: General
National Government Expenditures And Related Policies: General
Moldova, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews economic developments in the Republic of Moldova during 1993–97. In 1993, the authorities adopted a comprehensive program of financial stabilization supported by a stand-by arrangement with the IMF. By 1995, the fiscal deficit had been cut to 5¾ percent of GDP and annual inflation had fallen to 24 percent. Exports and imports recovered rapidly, with the current account deficit narrowing to 8½ percent of GDP. In 1996, the authorities adopted a three-year program supported by resources under the extended IMF facility to accelerate and deepen the structural reforms
Physical Description:86 pages
ISBN:9781451824926

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