Republic of Moldova: 2021 Article IV Consultation and Requests for an Arrangement under the Extended Fund Facility and an Arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova

January 4, 2022

Preview Citation

Format: Chicago

Republic of Moldova: 2021 Article IV Consultation and Requests for an Arrangement under the Extended Fund Facility and an Arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova, (USA: International Monetary Fund, 2022) accessed November 22, 2024

Summary

The 2016–20 ECF/EFF helped rehabilitate Moldova’s banking sector, bolstering macro-financial stability. However, the COVID-19 pandemic, drought in 2020, and the ongoing surge in global energy prices, have slowed economic activity, intensified downside risks, and complicated policy making. While emergency financial assistance under a blended RCF/RFI (100 percent of quota) and SDR allocation (US$236 million) helped cushion the pandemic’s impact, Moldova remains among the poorest countries in Europe with long-standing governance and structural weaknesses inhibiting income convergence.

Subject: Debt sustainability analysis, External debt, Financial regulation and supervision, Financial sector policy and analysis, International organization, Monetary policy, Public debt, Stress testing

Keywords: Authorities' policy platform, Debt sustainability analysis, Eastern Europe, EFF arrangement, Europe, Expenditure policy, Global, Governance diagnostics summary finding, Inflation targeting framework, Policy discussion, Policy mix, Stress testing

Publication Details

Pages:

129
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2022/001
Stock No:

1MDAEA2022001
ISBN:

9781616357382
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports