Republic of Moldova : Request for an Extended 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.

Since late 2014, Moldova's economy has been hit by a number of domestic and external shocks. Chief among them is the exposure of extensive and well-orchestrated fraud in the banking system, resulting in the closure of three banks at a public cost of 10 percent of GDP. During the following perio...

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书目详细资料
企业作者: International Monetary Fund. European Dept
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
丛编:IMF Staff Country Reports; Country Report ; No. 2016/343
在线阅读:Full text available on IMF
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520 3 |a Since late 2014, Moldova's economy has been hit by a number of domestic and external shocks. Chief among them is the exposure of extensive and well-orchestrated fraud in the banking system, resulting in the closure of three banks at a public cost of 10 percent of GDP. During the following period, confidence collapsed, external concessional financing largely froze, and international reserves fell by one-third, prompting significant tightening of monetary conditions. Domestic political turmoil, marked by three changes in government, constrained solutions and delayed collaboration with the international community on possible financial support. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2016/343 
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