The economic crisis had more or less devastating effects on Moldova in 2009 for sure. The Moldovan crisis does not have distinct particularities in general. This crisis is afferent to an economy which is quasi dependent on external factors, as the economic growth in the latest period was particularly due to earnings of Moldovan migrants working abroad, which means that the economy is mainly based on consumption

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Government, IMF and public funds
Iurie Gotisan, 18 October 2009

The IMF Mission which started working in Chisinau last week seems to have been long-awaited, particularly by authorities. The potential assistance of the Fund could be a "life buoy". At the same time, the advantage of signing an external funding agreement with IMF is that "import of credibility" if you want, respectively the absence of such an agreement is a major risk for the way Moldova is regarded by foreign investors, especially in the current economic and political conjuncture

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