Moldova showed reasonable macroeconomic developments. Executive Directors welcomed this development, and stressed the …

This paper examines the Republic of Moldova’s 2002 Article IV Consultation, First Review Under the Three …-Year Arrangement Under the Poverty Reduction and Growth Facility, and a Request for Waiver of Performance Criteria. Moldova has …

Moldova showed improved growth prospects and decline in poverty despite a series of consecutive shocks under the … stability. They also appreciated the strong monetary policy by National Bank of Moldova (NBM), disciplined fiscal policies …

This paper discusses the 2006 Article IV Consultation for Moldova and Request for a Three-Year Arrangement Under the … Poverty Reduction and Growth Facility. The economic growth of Moldova has continued to be robust, although the drivers of …

Romania has made significant progress in stabilization and reform. Executive Directors welcomed this development, and …

price adjustments, and prudent monetary policy moderated domestic demand and reduced the current account deficit in Romania … adjustment in the real effective exchange rate. Rising productivity, complemented by moderate economy-wide wage growth, has …

Romania’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA) are discussed. The authorities have …. Romania has preserved competitiveness, despite the slowdown in depreciation and recently strong domestic demand. Exports … remained the strongest component of aggregate demand and Romania continued to increase market share in its main trading …

This 2006 Article IV Consultation highlights that macroeconomic results for Romania were not as strong in 2005 compared …