wiiw Forecast Reports

MOLDOVA: Outlook worsens as war in neighbourhood persists

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Gabor Hunya

in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 109-112

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The effects of the prolonged Russian invasion of Ukraine, skyrocketing food and energy prices, trade disruptions, the influx of refugees and declining public confidence have all worsened Moldova’s economic prospects. GDP is certain to decline in 2022 and to stagnate in 2023. Increased funding by international donors and creditors is necessary for the country to cope with the economic challenges and to keep the current Western-oriented leadership in power.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Moldova


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