wiiw Forecast Reports
MOLDOVA: Emerging from depression
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in: Beneath the Veneer of Calm
wiiw Forecast Report No. Autumn 2023, October 2023 , pp. 96-99
After two years of decline, GDP will finally recover in H2 2023. The harvest will be better than last year, and that will have a positive impact on incomes, exports and the food industry. Sharp disinflation will help consumption recover. The future prospects look even brighter, as Moldova has managed to switch its trade flows, including energy supplies, from Russia to the West. The country can rely on multinational institutions to finance its fiscal and current account deficits.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Moldova