IMF Staff Country Reports

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

Publication Date:

October 2, 2008

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2008/320

Subject:

Balance of payments Banking Currencies Current account deficits External debt Financial institutions Inflation Lines of credit Monetary base Money Prices