The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This paper describes economic developments in the Republic of Moldova during the 1990s. In February 1993, the Executive Board of the IMF approved a purchase of resources equivalent to SDR 13.5 million under the compensatory and contingency financing facility to cover the costs associated with the need to import grains because of the drought and subsequent crop failure in Moldova. A World Bank Emergency Drought Recovery Project in an amount equivalent to US$26 million was also approved in February 1993.