Fiscal Balance in Moldova

Moldova Fiscal Balance | Economic News & Forecasts

Moldova - Fiscal Balance

Incoming data suggests that the economy lost steam in the second quarter, after robust investment fueled an uptick and healthy reading at the start of the year. In June, industrial production contracted for a second consecutive month and exports recorded the largest fall since September 2018; that said, household spending is expected to have held up well, given rising wages and ample credit growth. On the political front, the government approved several fiscal tightening measures on 9 August, making progress on its IMF and other financing agreements commitments. Among these included an increase in the VAT on hotels and restaurants, as well as some taxation of meal vouchers. However, reports have emerged that the unpopular measures have sparked tensions in the new coalition government.

Moldova - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.7  -1.7  -2.2  -1.9  -0.8  

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Moldova Fiscal Balance Chart

Moldova Fiscal
Note: Fiscal balance as % of GDP
Source: National Bureau of Statistics

Moldova Facts

Exchange Rate17.820.03 %Sep 04
Stock Market0.10.0 %Sep 04

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