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International Monetary Fund. European Dept.
This Economic Development Document highlights the Moldova 2020 National Development Strategy focus on producing a social and economic impact on various development priorities. Poverty reduction has progressed significantly during the past eight years: the national poverty rate decreased from 26.4 percent in 2008 to 9.6 percent in 2015. Remittances by emigrants and higher agricultural income, salaries, and social benefits were the major drivers of poverty reduction. The means-tested social assistance program had a significant impact. This social aid has proved to be the most efficient social protection against poverty; however, social support programs that are not means tested are ineffective.
International Monetary Fund. European Dept.
This paper discusses the Poverty Reduction Strategy Paper and National Development Strategy (NDS) for the Republic of Moldova. The NDS “Moldova 2020” presents a vision of cohesive long-term sustainable economic development based on a diagnostic study of constraints to economic development. Areas such as health, culture, social protection, and environmental protection are crucial for the country’s sustainable development. The focus of the NDS is to increase the budget coverage of adequate policies in these sectors as a result of accelerated economic development. Such a focus also requires the sustainability of foreign assistance currently provided to the country.
International Monetary Fund
This paper reviews the Poverty Reduction Strategy Annual Evaluation Report 2005 for Moldova. Economic growth and income redistribution policies promoted in the context of Economic Growth and Poverty Reduction Strategy (EGPRS) implementation contributed to higher incomes and improved access of population to social services, which led to higher living standards and poverty reduction in Moldova. During 2002–04, poverty rates decreased by 14.5 percentage points. By 2004, only 26.5 percent of the population of Moldova was poor. The most essential decrease took place in 2002–03.
International Monetary Fund
This paper examines Moldova’s Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) covering 2004–06. The EGPRSP has the potential to become an effective tool for continuous strategic planning, and for providing for the prioritization of strategic objectives and the implementation of related actions. It is also a tool for efficient and transparent allocation of available resources, and for the harmonization of medium- and long-term objectives. The EGPRSP also represents a framework for the coordination of sectoral strategies, directing them toward the accomplishment of the higher-level EGPRSP objectives.