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Moldova: Recent Economic Developments

Name: Moldova: Recent Economic Developments
Creator: International Monetary Fund
Keywords: Moldova;banking, banking system, national bank, current account deficit, tax liabilities, Moldova, Republic of,, Moldova;state budget, payments, expenditures, debt, tax revenues, Moldova, Republic of,, Moldova;banking, banking system, national bank, external trade, tariff structure, Moldova, Republic of,, Moldova;expenditures, expenditure, inflation, foreign exchange, foreign currency, Moldova, Republic of,, 8. Economic growth, 0502 economics and business, 05 social sciences

descriptionPublicationkeyboard_double_arrow_right Article , Preprint 01 Jan 1995 English Publisher:International Monetary Fund (IMF)Journal:IMF Staff Country Reports, volume 98, page 1 (issn: 1934-7685,

Authors: International Monetary Fund;

doi: 10.5089/9781451824926.002 , 10.5089/9781451824933.002 , 10.5089/9781451824902.002 , 10.5089/9781451824919.002

Moldova: Recent Economic Developments

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Abstract

This paper reviews economic developments in Moldova during 1995–98. By 1995, the fiscal deficit had been cut to 5¾ percent of GDP and annual inflation had fallen to 24 percent. Exports and imports recovered rapidly, with the current account deficit narrowing to 8½ percent of GDP. In 1996, the authorities adopted a three-year program to accelerate and deepen structural reforms and consolidate the stabilization effort. Performance in 1996 and 1997 was mixed. The annual inflation was further reduced to 15 percent at end-1996 and 11 percent at end-1997.

Keywords

Moldova;banking, banking system, national bank, current account deficit, tax liabilities, Moldova, Republic of,, Moldova;state budget, payments, expenditures, debt, tax revenues, Moldova, Republic of,, Moldova;banking, banking system, national bank, external trade, tariff structure, Moldova, Republic of,, Moldova;expenditures, expenditure, inflation, foreign exchange, foreign currency, Moldova, Republic of,

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