EBRD revises Moldova’s GDP growth projection for 2017 up 0.5 p.p. from 2.5% to 3%

EBRD revises Moldova’s GDP growth projection for 2017 up 0.5 p.p. from 2.5% to 3%

10.05.2017

This is what the European Bank for Reconstruction and Development (EBRD) says in its May issue of the Regional Economic Prospects. In 2018 GDP of Moldova will grow 3.5%, EBRD supposes.  Let’s remind that in November, EBRD revised its growth projection for Moldova for 2017 up from 2% to 2.5%.  IMF has also revised the GDP projection for our country, from 3% to 4.5% for 2017 and from 3.6% to 3.7% for 2018. In March 2017, Moldova’s Economy Ministry improved the 2017 GDP projection from 3% to 4.5%, but preserved the 2018 projection at 3.5%. In terms of nominal value, GDP is projected at MDL 148.3 billion and MDL 161.9 billion in 2017 and 2018 respectively.  By rough estimates of NBS, in 2016 GDP of Moldova increased 4.1% to MDL 134 billion 467 million in current market prices.

10.05.2017- InfoMarket.