CHISINAU (Moldova), January 15 (SeeNews) – Moldova's real economic growth is expected to accelerate to 3.5% in 2016 and 5.0% in 2017 from 3.0% projected for this year, data from a World Bank report showed.
The country's gross domestic product (GDP) growth is estimated to have slowed down to 2.0% in 2014 from 8.9% a year earlier, according to the World Bank’s Global Economic Prospects (GEP) January report published earlier this week.
In the report Moldova's current account gap is projected to widen to 4.8% of GDP this year from 4.5% in 2014. The current account deficit is seen growing further, to 6.6% of GDP in 2016 and to 7.0% in 2017.