Republic of Moldova: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Augmentation of Access

February 6, 2007

Preview Citation

Format: Chicago

Republic of Moldova: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Augmentation of Access, (USA: International Monetary Fund, 2007) accessed November 22, 2024

Summary

The First Review Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility of the Republic of Moldova analyzes macroeconomic and structural policy measures to support the adjustment and promote growth. Moldova is facing serious external shocks that will have long-lasting effects. All quantitative performance criteria and indicative targets were met with the exception of the international reserves target, which was missed because of the shocks. Financial sector development is to be promoted by encouraging foreign competition in the banking system.

Subject: Banking, Expenditure, External debt, Fiscal policy, Fiscal stance, Monetary base, Public debt, Tariffs, Taxes

Keywords: Baltics, CR, Executive board discussion, Fiscal stance, Government, Headline inflation, Inflation expectation, ISCR, Moldova, Poverty reduction program, PRGF arrangement, Staff projection, Tariffs

Publication Details

Pages:

88
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/045
Stock No:

1MDAEA2007001
ISBN:

9781451825107
ISSN:

1934-7685

Notes

Also available online in Romanian

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