Republic of Moldova: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criterion: Staff Report; Staff Supplement; and Press Release

International Monetary Fund

No 2008/320, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines the Republic of Moldova’s Fourth Review under the Poverty Reduction and Growth Facility and request for Waiver of Nonobservance of Performance Criterion. Investors have been attracted by Moldova’s low costs, and export prospects have improved with the resumption of wine exports to Russia and a new trade agreement with the European Union. Inflation is the main concern. While rising inflation partly reflects regional trends in food and energy prices, strong demand has been adding to inflation pressures.

Keywords: ISCR; CR; PRGF arrangement; current account development; growth facility; State treasury; PRGF; health insurance fund; inflation in June; staff appraisal; Inflation; Lines of credit; Current account deficits; Currencies; Europe; Global (search for similar items in EconPapers)
Pages: 64
Date: 2008-10-02
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