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Republic of Moldova: Economic Development Document

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  • International Monetary Fund

Abstract

This Economic Development Document highlights the Moldova 2020 National Development Strategy focus on producing a social and economic impact on various development priorities. Poverty reduction has progressed significantly during the past eight years: the national poverty rate decreased from 26.4 percent in 2008 to 9.6 percent in 2015. Remittances by emigrants and higher agricultural income, salaries, and social benefits were the major drivers of poverty reduction. The means-tested social assistance program had a significant impact. This social aid has proved to be the most efficient social protection against poverty; however, social support programs that are not means tested are ineffective.

Suggested Citation

  • International Monetary Fund, 2017. "Republic of Moldova: Economic Development Document," IMF Staff Country Reports 2017/103, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2017/103
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=44871
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    Cited by:

    1. Rebekah G. K. Hinton & Christopher J. A. Macleod & Mads Troldborg & Gift Wanangwa & Modesta Kanjaye & Emma Mbalame & Prince Mleta & Kettie Harawa & Steve Kumwenda & Robert M. Kalin, 2021. "Factors Influencing the Awareness and Adoption of Borehole-Garden Permaculture in Malawi: Lessons for the Promotion of Sustainable Practices," Sustainability, MDPI, vol. 13(21), pages 1-25, November.

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