Fiscal Balance in Moldova
Moldova - Fiscal BalanceA faltering external sector and subdued household spending dragged on GDP in the third quarter. On the upside, gross fixed investment soared in the same period due to a booming construction sector. However, robust domestic dynamics, coupled with higher oil prices, propelled imports, prompting the external sector to detract from overall economic growth in Q3. In the political arena, the country is heading to a crucial parliamentary election on 24 February. Recent polls suggest that the opposition pro-Russian Party of Socialists of the Republic of Moldova (PSRM) has a comfortable lead over the other parties, although it is still unclear whether the PSRM will be able to form a government.
Moldova - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.9||-1.9||-2.3||-2.1||-|
5 years of economic forecasts for more than 30 economic indicators.
Moldova Fiscal Balance Chart
Source: National Bureau of Statistics
|Exchange Rate||17.16||0.03 %||Jan 16|
|Stock Market||0.1||0.0 %||Nov 26|
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