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Cover IMF Staff Country Reports
Republic of Moldova: Economic Development Document
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.
Keywords:
ISCR; CR; government; Moldova; absolute poverty; poverty rate; bullet; government of the Republic of Moldova; labour market; poverty level; feasibility study; development program; company manager; Renewable energy; Development strategy; Global