Republic of Moldova: Staff Report for the 2006 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2006/184, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the 2006 Article IV Consultation for Moldova and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility. The economic growth of Moldova has continued to be robust, although the drivers of growth—household consumption and construction—remain heavily dependent on inflows of remittances, as well as strong wage growth. Real GDP growth in 2005 was more than 7 percent, as it has been since early in the decade. Inflation has gradually abated. The trade balance deteriorated significantly in 2005, owing in large part to the impact of higher energy prices.

Keywords: ISCR; CR; deficit; NBM law; authority; GDP; Moldova; European Union-Moldova action plan; Moldova's request; staff appraisal; reform agenda; Energy pricing; Europe; Global; Western Europe; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 110
Date: 2006-05-24
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