The WB forecasts that in 2020 Moldova’s GDP decline will be 0.1%, and in 2021 and 2022 Moldova could register 3.8% and 3.7% economic growth.
This is stated in a new World Economic Review of the region for the spring of 2020 published by the World Bank. It emphasizes that forecasts at this stage are unstable due to the rapidly changing situation. The 0.1% decline in Moldova's GDP is projected on the assumption that the current crisis due to the COVID-19 pandemic will end in the first half of 2020, and consumer and business confidence will quickly resume after the crisis. In its review, the WB forecasts for Moldova, as well as for other countries in the region, an economic recession in 2020, with an expected gradual recovery starting ...