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You are looking at 1 - 2 of 2 items for :

  • "authorities in Moldova" x
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Cover IMF Staff Country Reports
Republic of Moldova: Ad Hoc Review Under the Extended Credit Facility; Request for Augmentation and Rephasing of Access, Modification of Performance Criteria, and Completion of the Inflation Consultation Under the Extended Credit Facility and Extended Fund Facility Arrangements-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova
International Monetary Fund. European Dept.
The economy rebounded strongly from the pandemic recession last year while prudent macroeconomic management maintained robust buffers. But the war in Ukraine and the international sanctions imposed on Russia and Belarus have resulted in significant spillovers to Moldova, with implications yet to fully play out. At the outbreak of hostilities, FX market pressures triggered significant foreign currency interventions and bank deposit withdrawals, while dollarization has intensified. Moldova has received the highest per capita inflow of Ukrainian refugees (17 percent of the total population), of which about 100,000 refugees (4 percent of the total population) remain in Moldova. Driven by rising food and energy prices, inflation accelerated further above the target band.
Keywords:
authorities in Moldova; inflation consultation; General government budget; authorities' effort; balance-of-payment financing requirement; reform commitment; Energy prices; Inflation; Debt sustainability analysis; Global; Europe; Eastern Europe
Cover IMF Staff Country Reports
Statement by Luc Dresse, Alternate Executive Director for the Republic of Moldova and Stijn Verhelst, Advisor to Executive Director May 11, 2022
International Monetary Fund. European Dept.

package has been developed in case a materialization of severe downside risks threatens macroeconomic and financial stability. These measures would be used in combination with a broader macroeconomic adjustment package and in close consultation with IMF staff. Continuous commitment to reforms The authorities in Moldova wish to emphasize their strong and continued commitment to the program . Their adherence to the reform strategy anchored by the program remains unwavering, despite the current challenging environment. The authorities’ first line of defense against

Keywords:
policy environment; responses to the crisis; policy recommendation; Energy prices; Inflation; Europe