Moldova : Recent Economic Developments.

This paper describes economic developments in the Republic of Moldova during 1992-96. The authorities embarked on a comprehensive program of financial stabilization beginning in 1993. By 1995, the fiscal deficit had been cut to 5 1\2 percent of GDP and the National Bank had implemented a tight monet...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/117
Online Access:Full text available on IMF
Description
Summary:This paper describes economic developments in the Republic of Moldova during 1992-96. The authorities embarked on a comprehensive program of financial stabilization beginning in 1993. By 1995, the fiscal deficit had been cut to 5 1\2 percent of GDP and the National Bank had implemented a tight monetary policy. Output stabilized and exports and imports rose rapidly, with the current account deficit narrowing to 6 1\2 percent of GDP from 13 1\2 percent in 1993. Data for the first half of 1996 show inflation remaining low and output recovering.
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Physical Description:1 online resource (79 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students