GDP growth of 4% is an optimistic forecast, experts

The forecast that Moldova’s GDP will grow by 4% in 2013 is an optimistic one, said experts Adrian Lupusor and Igor Botan, quoted by IPN.

In a news conference, Adrian Lupusor, of the Independent Analytical Center “Expert Grup”, said the recent review of the forecast followed the economic growth recorded in the first quarter of this year.

“The economic growth in 2013 will be determined mainly by the compensatory growth in agriculture. We must yet see what this growth will be now that a part of the harvest was affected by the latest rain. Anyway, there will be a compensatory growth that will push the GDP up. The forecast of “Expert Grup” is 3.5%,” said the expert.

Igor Botan, executive director of the Association for Participatory Democracy “ADEPT”, told the same news conference that some of the officials consider that the GDP growth of 4% is pessimistic for the national economy. “We should compare the situation with the state of affairs last year, when the economic growth was 0%. They say the forecast of 4% is pessimistic because the Government had been in crisis for half a year and the growth of 4% was obtained not due to it,” he stated.

According to him, an economic growth of 4% is a signal for the authorities that they erect impediments rather than help.

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