Budget Deficit
Moldova to reduce budget deficit to 5.4%
May 14, 2010The Moldovan Government will amend the Law on the 2010 State Budget so as to introduce a new Budget deficit figure of 5.4% GDP size - against 7% written in the document now. Prime Minister Vlad Filat said at the joint news conference today that the deficit...
Moldovan government approved economic stabilization program
November 19, 2009On Wednesday the Government approved the Program for Moldova's Economic Stabilization and Revival for 2009-2011. Vice-Premier, Minister of Economy Valeriu Lazar said at a Government sitting that the plan was worked out with taking into consideration...
IMF resumes financing for Moldova
October 29, 2009The International Monetary Fund (IMF) resumes the financing of Moldova, whose GDP does not exceed $1.8 thousand per capita of the population. On Wednesday Head of the International Monetary Fund (IMF) mission to Chisinau, which worked in Moldova on October...
Moldova's budget deficit hits a record high, 16% of the GDP
October 21, 2009By the beginning of October the deficit of the public budget constituted about 2.8 billion lei ($252.2 million), the social insurance budget - 700 million and the medical budget - 250 million, Minister of Finance Veaceslav Neguta unveiled such data. ...
EU May Grant $150 Million To Crisis-Hit Moldova
October 08, 2009An EU envoy says the European Commission could give Moldova at least 100 million euros ($147 million) to help it cover its growing budget deficit, RFE/RL's Moldovan Service reports. The announcement was made on October 7 in Chisinau by Wolfgang Behrendt...
Moldova's GDP to drop by 9% in 2009
October 07, 2009In 2009 Moldova's GDP will decline 9%, and in 2010 no economic growth is expected. Such are the IMF's forecasts published in the IMF report on world situation. According to this report, Moldova is the only country, where no economic growth is expected...
Moldova faces a two-digit recession in 2009
October 01, 2009The clear fall of basic economic indicators in the national economy for the 1st quarter of 2009 had a negative impact on the evolution of GDP for the first half of the year. Thus, the GDP was worth about 27.87 billion dollars in January-June 2009 in current...
Iurie Gotisan: Moldovan economy and IMF
June 09, 2009Unquestionably, the IMF and WB are the key creditors of the Republic of Moldova. Absolutely, the assistance provided by these organisations was very important throughout years. But one should note that sometimes the policies of these organisations towards...