Moldova: Recent Economic Developments

International Monetary Fund

No 1995/073, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper describes economic developments in the Republic of Moldova during the 1990s. In February 1993, the Executive Board of the IMF approved a purchase of resources equivalent to SDR 13.5 million under the compensatory and contingency financing facility to cover the costs associated with the need to import grains because of the drought and subsequent crop failure in Moldova. A World Bank Emergency Drought Recovery Project in an amount equivalent to US$26 million was also approved in February 1993.

Keywords: ISCR; CR; Moldovan authorities; U.S. dollar; exchange rate; grain distribution enterprise; first quarter; foreign currency; reform program; State farm; Transnistrian authorities; market economy; state enterprise; enterprise manager; foreign currency holding; rate of inflation; enterprise profit tax; government loan; Agricultural commodities; Agricultural sector; Currencies; Western Europe (search for similar items in EconPapers)
Pages: 87
Date: 1995-07-24
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