IMF Forecasts Moldova GDP Growth by 3,2% in 2010
OREANDA-NEWS. October 22, 2010. As it was emphasized by Resident Representative of the International Monetary Fund (IMF) in Moldova Tokhir Mirzoev, the Fund’s experts made this forecast in the course of the last analysis of perspectives for development of regional economy after the global crisis, started in 2009.
He noted that the consequences of summer floods in Moldova and restrictions for export of wine products to Russia turned out to be not so grave as its was expected earlier. Therefore the GDP growth forecasted by the Fund may be even higher.
Tokhir Mirzoev emphasized that, unlike the other Eastern-European countries, the Moldova’s GDP growth in 2010 was provided mainly due to increase of internal demand, while in the other countries it was provided by means of export.
According to the IMF’s experts, the rates of growth of internal demand in Moldova will slacken from 4,9% (in 2010) up to 3,6% (in 2011). In the other countries in 2011 this tendency will be quite opposite: internal demand that grew too slow in 2010 will increase as compared to the export growth. Tokhir Mirzoev emphasized that the increase of internal demand in the period of economy restoration was useful.
However, in order to provide the stable economic development Moldova should ensure the GDP growth, increasing the production and export.
Комментарии