Princeton University Library Catalog

Republic of Moldova [electronic resource] : Request for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova.

Author:
International Monetary Fund. European Dept [Browse]
Format:
Book
Language:
English
Published/​Created:
Washington, D.C. : International Monetary Fund, 2016.
Description:
1 online resource (93 p.)
Series:
IMF Staff Country Reports [More in this series]
Summary note:
Since late 2014, Moldova's economy has been hit by a number of domestic and external shocks. Chief among them is the exposure of extensive and wellorchestrated fraud in the banking system, resulting in the closure of three banks at a public cost of 10 percent of GDP. During the following period, confidence collapsed, external concessional financing largely froze, and international reserves fell by onethird, prompting significant tightening of monetary conditions. Domestic political turmoil, marked by three changes in government, constrained solutions and delayed collaboration with the international community on possible financial support.
Source of description:
Description based on print version record.
ISBN:
  • 1475552092 :
Doi:
  • 10.5089/9781475552096.002
Related name:
Other views:
Staff view