OREANDA-NEWS. April 04, 2014. During the press conference, devoted to presentation of macroeconomic forecast of the World Bank for Moldova (Moldova Economic Update), the senior economist of WB Ruslan Piontkivsky noted that the Outlook was changed in connection with the reduction of dynamics in the development of agricultural sector, which in 2013 grew by 41 per cent, providing about half the country's GDP and by deterioration of the external factors that will affect the dynamics of remittances, export, and domestic consumption.

According to Piontkivsky, the WB expects that the slowdown in economic growth in Moldova will be short. In the medium term (2015-2017) the economic growth in Moldova is expected at the level of 4-4,5%. It can be reminded that in January WB prediction envisaged GDP growth of Moldova at a rate of 3.8% in 2014, in 2015-2016- by 4%.

The updated forecast of the World Bank provides that in 2014 the export will grow by 6.1%, imports - by 3.9%, inflation will make 5.3%, the rate of growth of remittances will slow up to 3% (in 2013 - 9.6%), the budget expenditure will increase (from 38.7% of GDP in 2013 up to 40.8%) and the budget deficit (from 1.8% of GDP in 2013 up to 2.6%) and the external debt will make 84.4% of GDP (83.3% in 2013).