Reforms and progress: Moldova's economy

Reforms and progress: Moldova's economy

Moldova’s economy is amid transition with series of reforms aimed to resolve problems. For instance, after establishing a bi-sectoral economy, the country’s Growth Development Product had an impact of over 70 percent. However, after a huge banking scandal in 2014, Moldova had to face a weak economic activity. But, in order to remedy the problem, the European Commission suggested a program to extend financial assistance to Moldova worth EUR 100 million.

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