WB Predicts Growth of Moldova GDP by 2,5% in 2010
OREANDA-NEWS. June 15, 2010. This is stated in a recent report “The World Bank Global Economic Outlook - 2010 ". The WB experts predict a further growth of the Moldovan economy and expect that in 2011 Moldova GDP growth will account for 3.6%, and in 2012 - 4,5%.
As it was previously reported, the IMF also forecasts for 2010 GDP growth at 2.5% in Moldova, and in 2011 - 3,6%. The IMF experts believe that the GDP of Moldova in 2012 will grow by 5%. At the same time, the European Bank for Reconstruction and Development predicts GDP growth in Moldova in 2010 at 4%.
The Government of Moldova in 2010 forecasted GDP growth by 1,5%, but Prime Minister Vladimir Filat is sure of an increase of at least 3%. Moldova GDP in 2009 amounted to 60 billion 43 million lei (USD4,8 billion), down 6.5% compared with the previous year. As it was stated previously by the head of the IMF assessment mission Nikolai Georgiev, the Moldovan economy has successfully overcome the crisis and actively restores due to growing financial stability, as well as activity in trading partners.
As it is stressed by Nikolay Georgiev, the Moldovan economy is moving in the right direction, and to ensure sustainable economic growth the Moldovan authorities need to continue measures to liberalize the economy, transition from pre-crisis growth model economies dependent on remittances and stimulated consumption, to the growth model, based on increasing exports.
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