IDEAS home Printed from https://ideas.repec.org/a/aat/journl/y2022i1p28-35.html
   My bibliography  Save this article

Analysis Of Financial Assistance From International Financial Institutions Of Moldova

Author

Listed:
  • Sergey Stupachev

    (PhD student Academy of Economic Studies of Moldova, Chief specialist-expert “Rossotrudnichestvo”, Rusia)

Abstract

The article considers the financial assistance of international financial institutions (the International Monetary Fund and the World Bank) to the Republic of Moldova in their partnership process. The relevance of the study is determined by the objective need to use this financial assistance to solve urgent financial and economic problems and implement an effective economic policy of Moldova. The purpose of the article is to analyze the financial assistance of International Financial Institutions to Moldova, to assess the current state and prospects for developing their financial relations. The information base of the research consists of theoretical and methodological scientific studies of foreign and Moldovan economists devoted to the subject under consideration; information materials of official websites of financial organizations. It is shown that for the entire period of financial support of Moldova by the International Monetary Fund, almost all special credit mechanisms have been implemented. Since 1993, the World Bank has been implementing and financing 118 different projects (90 completed, 18 active and 7 under development). Agriculture accounts for the largest number of projects financed by the bank. It is revealed that the country's debt and overdue obligations to International Financial Institutions have an upward trend, which is due to the crises and financial instability of 2008 and 2019. The continuation of such a trend in the future may lead to certain financial and economic problems if the financial assistance received does not lead to significant development of the Moldovan economy.

Suggested Citation

  • Sergey Stupachev, 2022. "Analysis Of Financial Assistance From International Financial Institutions Of Moldova," Economy and Sociology, The Journal Economy and Sociology, issue 1, pages 28-35.
    • Handle: RePEc:aat:journl:y:2022:i:1:p:28-35
    DOI: 10.36004/nier.es.2022.1-03
    as

    Download full text from publisher

    File URL: https://economy-sociology.ince.md/index.php/Economy_and_Sociology/article/view/91/104
    Download Restriction: no
    File URL: https://economy-sociology.ince.md/index.php/Economy_and_Sociology/article/view/91/108
    Download Restriction: no
    File URL: https://libkey.io/10.36004/nier.es.2022.1-03?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aat:journl:y:2022:i:1:p:28-35. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iordachi Victoria (email available below). General contact details of provider: https://edirc.repec.org/data/iefscmd.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.