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Economic growth of 7.5% over six months


https://www.ipn.md/en/economic-growth-of-75-over-six-months-7966_992533.html

The Gross Domestic Product in the first half of the year rose by 7.5%, Prime Minister Vlad Filat informed in the September 6 meeting of the Cabinet, Info-Prim Neo reports. The Premier said the growth rate of exports is higher than that of imports for the second year. The exports over January-June increased by 64.9% compared with the corresponding period last year, while the imports by 49.9%. According to Vlad Filat, a special result achieved in the period is the rise of over 31% in investments. The industrial production output over six months grew by 9.1%, while the volume of services by only 1.3%. The Premier asked providing detailed information as to why this indicator is so small. The growth in agriculture was 3.95%, while in the transport sector – 26.6%. “The fourth quarter will be decisive as regards the results for the whole 2011. We thus must create the conditions needed to maintain this positive trend,” said Vlad Filat.