Republic of Moldova; First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Augmentation of Access: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Moldova

The First Review Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility of the Republic of Moldova analyzes macroeconomic and structural policy measures to support the adjustment and promote growth. Moldova is facing serious external shocks that will have long-lasting effects. All quantitative performance criteria and indicative targets were met with the exception of the international reserves target, which was missed because of the shocks. Financial sector development is to be promoted by encouraging foreign competition in the banking system.

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Year of publication:	2007-02-06
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Annual reviews \| Announcements \| Conditionality \| Debt sustainability analysis \| Economic indicators \| Economic reforms \| Financial systems \| Performance criteria waivers \| Poverty Reduction and Growth Facility \| Staff Reports \| banking \| national bank \| external debt \| external shocks \| foreign exchange \| balance of payments \| banking system \| debt sustainability \| current account \| public finance \| debt service \| public debt \| central bank \| current account balance \| external payments \| reserve accumulation \| macroeconomic stability \| payment arrears \| external debt financing \| current expenditure \| banking sector \| external payments arrears \| banking supervision \| external payment \| domestic currency \| internal audit \| capital adequacy \| repayments \| short-term debt \| recapitalization \| equity investment \| reserve assets \| international reserve \| long-term debt \| external financing \| bank takes \| prudential regulation \| state enterprise \| loan disbursements \| government deficit \| bank relations \| banking statistics \| external borrowing \| public sector management \| banking legislation \| foreign exchange market \| public finances \| capital expenditure \| capital adequacy ratio \| external loans \| external debt stock \| external debt data \| imf repurchases \| macroeconomic stabilization \| banking services \| working capital \| amount of debt \| debt data \| bilateral creditors \| official creditors \| return on equity \| general resources account \| bank capital \| debt \| government finance \| repurchases \| bank group \| bank supervision \| domestic debt \| tier 1 capital \| budget law \| external debt sustainability \| bank independence \| current account deficit \| bank recapitalization \| multilateral creditors \| public and publicly guaranteed debt \| current price \| private creditors \| bankruptcy law \| public and publicly guaranteed \| publicly-guaranteed \| bilateral donors \| private banks \| nonbank financial institution \| foreign debt \| supplemental reserve \| bank ownership \| banking projects \| bilateral agreements \| financial strength \| return on assets \| bank balance sheet \| debt holder \| accounting system \| long term debt \| loan financing \| debt stock \| bank accounting \| internal control \| banking practices \| debt-service obligations \| government debt \| bank collaboration \| budget system

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 07/45 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243392