OREANDA-NEWS. January 23, 2013. According to a spokesperson of the permanent office of EBRD in Moldova, this is stated in the recently updated Regional Economic Prospects. At the same time, EBRD projects the national GDP have grown 0% instead of 1% in 2012.

Following two years of Moldova's onrushing out of the crisis and its high rates of the development of the national economy, its GDP growth slowed down due to the less external demand for its production and unfavourable weather conditions, EBRD experts say. The short-term outlook for the economic growth is uncertain in Moldova and dependent on evolution of money remittances, exports and investments, EBRD experts stress.

The World Bank estimates GDP in Moldova to grow 3.1% in 2013 and 4% in 2014. Experts of the World Bank suppose in 2012 the GDP growth in Moldova was equal to zero. IMF also lowered GDP growth projection for 2012 from 3% to 0.3%. In 2013 IMF projects the 4% growth in GDP, which will be determined by recovery in the agriculture and the economic growth in EU and CIS.

The government of Moldova projects the 4% GDP growth in 2013. As it was said earlier, within 9 months of 2012 GDP of Moldova declined 0.2% as compared with the same period of 2011. The decline was caused by the drastic decline in the agriculture, provoked by the severe drought of the past year and the economic slowdown in partner countries of Moldova in Europe, triggering the decrease in exports from Moldova to EU.