Moldova - Recent Economic Developments.

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Bibliographic Details
Imprint:International Monetary Fund 1998.
Description:1 online resource (84 pages)
Language:English
Series:IMF Staff Country Reports; IMF Staff Country Report No. 98/58
IMF Staff Country Reports; IMF Staff Country Report No. 98/58.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500512
Hidden Bibliographic Details
ISBN:1280982454
9781280982453
146394215X
9781463942151
1455229857
9781455229857
1451994931
9781451994933
9786613754066
6613754064
9781451824926
1451824920
ISSN:2227-8907
Notes:English.
Summary:This paper reviews economic developments in the Republic of Moldova during 1993-97. In 1993, the authorities adopted a comprehensive program of financial stabilization supported by a stand-by arrangement with the IMF. By 1995, the fiscal deficit had been cut to 5 3/4 percent of GDP and annual inflation had fallen to 24 percent. Exports and imports recovered rapidly, with the current account deficit narrowing to 8 1/2 percent of GDP. In 1996, the authorities adopted a three-year program supported by resources under the extended IMF facility to accelerate and deepen the structural reforms.
Other form:1-4518-2492-0
Standard no.:10.5089/9781463942151.002