National Development Strategy: 7 Solutions for Economic Growth and Poverty Reduction, Moldova

Published in 2013 by

Type of document: Policy and legislation

Economic growth and the poverty reduction trend is closely correlated in Republic of
Moldova with the flow of remittances and consumption generated by the latter.
Revenues from Moldovans’ work abroad have fuelled the disposable income of
households, thus leading to an increased aggregate demand for consumption.
Constrained by the limited capacity of domestic production, this demand was largely
met by imports of goods and services.