Economic Recession
Moldova expects to overcome economic downturn in early 2010
January 05, 2010The government forecasts that the economic recession will be overcome in the first quarter of 2010 and the economic growth will gradually go up from 1.5 per cent in 2010 to 5 per cent in 2012. The weight of the budgetary deficit in GDP will gradually...
IMF gives Moldova 142 million USD
September 10, 2009The International Monetary Fund (IMF) gave Moldova over 142 million USD under the Special Drawing Rights (SDR), money already in the accounts of the National Bank of Moldova (NBM), stated Deputy Governor of the NBM, Marin Molosag. The deputy governor...
Year 2009 – gravest economic recession in Moldova’s history?
June 30, 2009The National Bureau of Statistics (NBS) has recently published statistics on evolution of GDP in the 1st quarter of 2009, which revealed a fall of about 7 percent. Anyway, 2009 will certainly be the year of the deepest economic recession after 1991, shall...