Republic of Moldova: Staff Report for the 2003 Article IV Consultation
Volume/Issue:
Volume 2004
Issue 039
Publication date: February 2004
ISBN: 9781451824971
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Topics covered in this book
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Business and Economics , Exports and Imports , Money and Monetary Policy , Public Finance , ISCR , CR , monetary policy , authority , government , government interference , managed float , debt service payment , consumer price inflation , staff estimate , program engagement , Debt service , Arrears , Currencies
Summary
Moldova showed reasonable macroeconomic developments. Executive Directors welcomed this development, and stressed the need to implement prudent macroeconomic policies and accelerate structural reforms to sustain growth. They encouraged fiscal and tax reforms, and urged the need to tighten monetary stance. They supported the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) and encouraged the authorities to include policies for improving the business environment and governance. They analyzed that the Ex Post Assessment contained a balanced analysis of the country's performance under the IMF assistance.
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