OREANDA-NEWS. April 11, 2014. This is what the IMF World Economic Outlook says. According to IMF experts, the moderate growth in Moldova’s GDP reported this year just reflects the expected slowdown in the domestic agriculture.

They project Moldova’s GDP to increase 4.5% in 2015. According to the experts, this year will see the highest increases in GDPs of Turkmenistan (10.7%); Tajikistan (6.2%), Kazakhstan (5.7%); Azerbaijan (5%) and Georgia (5%). Russia’s GDP is expected to grow by 1.3%. The experts have not made any projections for Ukraine since the deteriorating social and political crisis makes it impossible to predict how the economy will be developing there in the foreseeable future. Earlier, EBRD revised the 2014 GDP growth projection for Moldova down by 0.5 p.p. from 4% to 3.5%;

The World Bank downgraded the possible growth by 2 p.p. from 4% to 2%. Expert-Grup says it will increase 2.1%, but finds it conceivable that GDP of Moldova may only grow by 0.5%. The projections have been changed in reply to the influence of external factors and internal structural challenges.

 The Economy Ministry of Moldova expects GDP to grow 4%, but says it is going to revise the macro-economic projections to adjust them to the new circumstances that have surfaced in Ukraine and Russia and that may have an influence on Moldova’s economy. In 2013, Moldova’s GDP grew 8.9%.