Europe > Moldova, Republic of

You are looking at 1 - 10 of 129 items for

  • Type: Journal Issue x
Clear All Modify Search
International Monetary Fund. European Dept.
This paper presents the Republic of Moldova’s Third Reviews under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Request for a Waiver for Nonobservance of Performance Criterion. As the outlook is subject to high uncertainty, near-term priorities should remain focused on mitigating the impact of the war, ensuring energy security, adapting contingency plans to evolving risks, and maintaining an appropriate policy mix. Once near-term pressures from the crises subside, the authorities appropriately plan to reorient spending toward supporting the recovery. Moldova remains in a precarious position. Russia’s war in Ukraine and its proximity to Moldova continue to fuel security concerns, while the social fabric remains fragile and stretched by high food and energy prices. Prudent use of contingency plans has helped reduce energy security risks and supported the most vulnerable through the cost-of-living crisis. Continued strong reform implementation—supported by the program—helps build solid foundations for sustainable long-term development.
International Monetary Fund. European Dept.
This paper presents the Republic of Moldova’s Poverty Reduction and Growth Strategy. Taking into account the general low level of income and the high incidence of poverty, many citizens of the Republic of Moldova look at cultural opportunities and personal development according to the residual principle. The resources allocated by households to crop-related activities are very small. Cultural infrastructure is in an advanced state of physical degradation, which poses a real problem of accessibility of cultural products. The general and specific development goals which the SND suggests for the perspective of 2030 reflect the aspirations of increasing the welfare of the people of the Republic of Moldova, improving the lives of citizens, Europeanization of state institutions, strengthening democracy, the rule of law, respect for human rights, as well as bringing the Republic of Moldova closer to European standards and values, which will ensure the process of accession of our country to the European Union. In the medium to long term, sustainable income growth can be achieved by increasing the competitiveness of firms, raising labor productivity and integrating marginalized people and groups into the processes of economic value creation.