OREANDA-NEWS. June 09, 2011. It is said in the World Bank’s last report “The Global Economic Prospects for 2011”. According to the document, the WB increased the forecast of Moldova’s GDP growth in 2012 from 3.6 percent to 4.5 percent, while the GDP growth in 2013 is forecasted by the WB to reach 4.8 percent.

The International Monetary Fund and the Ministry of Economy of Moldova recently also increased the forecast of the Moldovan GDP growth in 2011 from 4.5 percent to 5 percent owing to continuation of recovery of the Moldovan economy which has returned to the pre-crisis level and to the further growth of the key indicators of the economic activity in the first quarter of 2011.

The IMF projects the 5% growth of Moldova’s GDP in 2012 instead of the previous forecast of 4.8%. The European Bank for Reconstruction and Development also increased the forecast of Moldova’s GDP growth in 2011 from 4.5% to 5%. The Prime Minister of Moldova Vladimir Filat said earlier that the 5-percent growth of the country’s GDP this year is a pessimistic forecast and the government hopes for a bigger growth of economy. He reminded that Moldova’s GDP for 2010 was projected to be 3%, however, as a result it grew 6.9 percent, totaling 71.8 billion leis (USD 6.2 billion).