Republic of Moldova: Staff Report for the 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

International Monetary Fund

No 2002/190, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines the Republic of Moldova’s 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and a Request for Waiver of Performance Criteria. Moldova has followed sound macroeconomic policies, and most financial targets under the 2001 program were met. Structural reforms slowed in 2001, but gained momentum in 2002. Implementation of most program benchmarks was delayed because of a change in government. The focus now is on fiscal reforms and on improvements in the legal framework.

Keywords: ISCR; CR; Moldova; Three-Year PRGF Arrangement; PRSP Preparation Status Report; monetary policy; fiscal policy; expenditure arrears; end-of-period inflation; debt service; Arrears; Project loans; Debt service; International reserves; Western Europe (search for similar items in EconPapers)
Pages: 72
Date: 2002-08-26
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