The World Bank forecast an economic growth of 2.8% in Moldova in 2017, IPN reports, quoting the WB Global Economic Prospects. In 2016, growth in Moldova strengthened to 2.2% after the recession of 2015.
Russia is expected to expand 1.5%, Romania 3.7%, while Ukraine 2%.
The WB report says investment at the global level is weak owing to lack of confidence. This recommends the states to relax their fiscal policies so as to enable the national economies to develop.
The 2017 state budget of Moldova envisions an economic growth of 3%.
