European Parliament Library

Republic of Moldova :, Third Reviews Under the Extended Arrangement and Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria: Staff Report; Staff Supplement; Press Release

The economy is on the right track, and program performance has been good. Fiscal adjustment is on track to restore fiscal sustainability. The adjustment plan appropriately focuses on reducing current spending while increasing investment and protecting the most vulnerable. The current monetary stance is adequate. Completion of the crisis preparedness and debt resolution frameworks will reduce vulnerability to shocks and promote financial intermediation. Progress toward restoring financial sustainability in the energy sector has been slow. Improving the business climate and promoting exports remain key
Table Of Contents
Cover; Contents; I. Recent Developments and Outlook; II. Performance Under the Program; III. Policy Discussions; A. Fiscal Policy; Boxes; 1. The Program at Half-Time; B. Monetary Policy; C. Financial Sector Policies; D. Structural Reforms; 2. Sharing the Costs of IPB Liquidation; IV. Program Issues; V. Staff Appraisal; Figures; 1. Moldova: Economic Developments and Outlook; Tables; 1. Selected Indicators, 2008-16; 2. Balance of Payments, 2007-16; 3. General Government Budget, 2008-16; 4. Accounts of the National Bank of Moldova and Monetary Survey, 2010-12
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (72 p.)
Specific Material Designation
Form Of Item

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