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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:
Depository Institutions
Government And The Monetary System
Payment Systems
Commercial Banks
Banks
Public Finance & Taxation
Banks And Banking
Regimes
Monetary Economics
Financial Institutions
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Trade: General
Exports And Imports
Mortgages
International Economics
Money
National Government Expenditures And Related Policies: General
Money Supply
Expenditure
Standards
Monetary Base
International Trade
Exports
Currencies
Monetary Systems
Expenditures, Public
Banking
Public Finance
Money And Monetary Policy
Imports
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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