IMF: Moldova will emerge from economic crisis before the rest of Europe

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Moldova will be able to emerge from the economic crisis faster than other European countries. This is because this state faces an earlier rise in consumer prices than others due to the rise in energy prices, opens The words of Alfred Kammer, RIA Novosti, Director of the European Department of the International Monetary Fund (IMF).

“We see Moldova coming out of this crisis perhaps a little earlier than the rest of Europe next year, because Moldova suffered from inflation earlier than the rest of Europe,” Kammer said. said.

According to him, the Central Bank of Moldova will play an important role in overcoming the crisis. The local currency regulator has already taken the necessary steps to reduce inflation in the country.

“The Central Bank of Moldova took the necessary policy measures to reduce inflation earlier than central banks in the rest of Europe. Therefore, we can now observe that the core inflation in the country has started to decline.”

January 6 United States Agency for International Development (USAID) selected $30 million as part of economic aid to Moldova. Funds were sent to support the republic’s budget in the conditions of the energy crisis.

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