IMF Staff Country Reports

Republic of Moldova: Staff Report for 2023 Article IV Consultation, Fourth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements, Request for Extension and Rephasing of the Arrangements, and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Moldova

December 19, 2023

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Republic of Moldova: Staff Report for 2023 Article IV Consultation, Fourth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements, Request for Extension and Rephasing of the Arrangements, and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Moldova, (USA: International Monetary Fund, 2023) accessed November 23, 2024

Summary

The ECF/EFF-supported program has helped Moldova navigate headwinds, including from spillovers from Russia’s war in Ukraine—energy crisis and record-high inflation—and a drought, while catalyzing additional external financing. Moldova was granted EU candidate status in June 2022. Strong reform momentum and growthenhancing and climate-resilient investments are needed to foster long-term, sustainable development and convergence toward EU income levels.

Subject: Climate change, Climate finance, Environment, External debt, International organization, Monetary policy, Public debt

Keywords: Agriculture sector, Central and Eastern Europe, Central Asia, Climate change, Climate finance, EFF arrangement, EFF program, Europe, Global, Reform agenda, RSF arrangement

Publication Details

  • Pages:

    161

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/428

  • Stock No:

    1MDAEA2023004

  • ISBN:

    9798400263811

  • ISSN:

    1934-7685