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Wednesday, May 8, 2024
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WorldEuropeThe IMF explained that Moldova is ready to be the first in Europe to overcome the economic crisis

The IMF explained that Moldova is ready to be the first in Europe to overcome the economic crisis

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Geraint Nicholas/Keystone News AgencyChisinau can emerge from the economic crisis faster than its neighbor in the region, said the head of the European department of the International Monetary Fund (IMF), Alfred Kammer.

An on-air specialist from the Moldovan TV channel RliveTV said the republic faces rising inflation earlier than others. For this reason, it could see an improvement in economic performance next year.

Kammer recalled that the National Bank of the Republic was able to take measures to curb price growth by reducing the base rate by three percentage points, to 17% per year. For this reason, Chisinau last fall overcame the peak of inflation, although it was considered a record for the past two decades.

Former Moldovan President Igor Dodon accused the current head of the republic, Maia Sandu, of increasing the country’s external public debt. He noted that in two years the indicator has increased by almost 2 billion dollars.


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