Moldovian GDP has increased by over 3%

The figure does not include GDP data for the Transnistrian region. Hindered by a bad drought, which hurt the country's agricultural sector, and other external pressures, GDP growth is expected to exceed 3 percent only marginally this year, while the forecast for 2008 is 7 percent.

According to the source, production totaled 75.5 billion lei (+3.9%), while intermediary consumption 46.5 billion lei (+6.3%). The gross value added rose to 28.9 billion lei (+0.2%).

The rising necessities of the economy with the population’s purchasing power developing and the increase in the prices of certain imported energy resources have led to an essential rise (20.9%) in imports and, consequently, in the net taxes on products and imports, up to 6.15 billion lei (+20.9%).

The final consumption of the population rose by 3.3% to 32.7 billion lei, while the final consumption of the public and private administrations increased by 3.4%, up to 6.9 billion lei. The gross capital formation was 12.5 billion lei, a 26.8% compared with the corresponding period last year. The imports and exports grew at the same rate, of 19.7%. The negative balance of net exports was about 17.05 billion lei.

The mission of the International Monetary Fund predicts that the GDP growth in Moldova in 2007 will be 4.5-5%. Last year it forecasted a 3% growth for 2007. By Wikinews