Moldova Expected 6% GDP Growth in 2009
OREANDA-NEWS. October 31, 2008. As the Minister of Economy and Commerce Igor Dodon noted, it is planned GDP in cash will make 70.5 billion leis. In 2008, GDP growth will predictably make 7.5% - up to 62.7 billion leis. As Igor Dodon pointed out, in 2009 inflation will make 9.5%, and in 2008 - will not exceed 11.5%. During 9 months inflation made 6.7%.
For example, inflation rate in Bulgaria made 8%, Latvia and Lithuania - 10%, Turkey - 6.9%. The first vice-premier noted that the cabinet adopted a number of decisions to regulate trade allowances to some socially-important foodstuffs.
Igor Dodon also stressed that in 2009 the Government predicts export growth of 19% - up to USD 2 billion 050 million and import- by 24% - up to USD6.5 billion. Furthermore, industrial output will increase from 31.8 billion in 2008 up to 37.5 billion leis in 2009.
It is also planned to increase investment into fixed assets by 12% - up to 25.7 billion leis.
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