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Republic of Moldova, Second 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 Statement; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Moldova, International Monetary Fund

This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility (PRGF). Program performance has been generally satisfactory. The quantitative performance criteria were observed, as was most of the structural conditionality. One structural performance criterion was missed at end-December: the increase in tariffs for district heat and water was briefly delayed in Chisinau. IMF staff supports completion of the review and granting a waiver for nonobservance of the structural performance criterion. The authorities’ commitment to implement supplementary measures provides assurance that the program’s objectives remain attainable
Table Of Contents
Cover; Contents; I. Introduction; II. Performance Under the Program; Text Tables; 1. Consumer Prices Indices; 2. General Government Fiscal Balance, 2003-07; III. Policy Discussions; A. Outlook; 3. Medium-Term Outlook: Program and New Baseline Scenarios, 2005-09; B. Monetary and Exchange Rate Policy; C. Fiscal Policy; D. Financial Sector Stability and Reforms; E. Structural Reforms; IV. Program Issues; V. Staff Appraisal; Figures; 1. PRGF Performance, 2007; 2. Inflation; 3. Liquidity Conditions; 4. Monetary Developments; Tables; 1. Selected Indicators, 2004-09; 2. Balance of Payments, 2005-09
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (100 p.)
Specific Material Designation
Form Of Item

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