FEAS Yearbook FEAS Yearbook 2014 | Page 70

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2013 MOLDOVA STOCK EXCHANGE ECONOMIC OUTLOOK In December 2013 the Moldovan leu (MDL) depreciated against the dollar (USD) by 7.0% compared to December 2012 and against euro (EUR) by 11.6%. The growth rate of Consumer Price Index (CPI) was 5.2%, and it has been increasing since August. During January-November exports to European Union increased by 12.7% and to other markets (especially to Turkey and Switzerland) by 53.0%. The restrictions imposed by Russia on imports of certain products from Republic of Moldova caused stagnation of exports to Commonwealth of Independent States (CIS). Generally, imports advanced more slowly than exports the proportion being of 4.9% to 11.3%. In January-September 2013, the Gross Domestic Product (GDP) in current prices was US$ 5615 million. State budget revenues increased by 10.1% and exceeded the growth of the state budget expenditures that increased by 9.3%. In 2013, 99.6% of the plan of budget revenues was accomplished (98.0% in 2012). In 2014 the GDP in comparable prices is expected to increase by 4.0%. The Consumer Price Index at the end of the year is predicted to 105.0%. Exports are expected to increase in 2014 by 11.0% and imports by 8.0%. In the first 9 months of 2013 the economy of Republic of Moldova recorded a growth of 8.0%. At the end of December annual rate of core inflation was 4.8%. Key Information Contacts Government of the Republic of Moldova www.gov.md Ministry of Economy www.mec.gov.md Public Property Agency www.app.gov.md National Bank of Moldova www.bnm.org National Commission of Financial Market www.cnpf.md Chamber of Commerce and Industry www.chamber.md National Bureau of Statistics www.statistica.md CONTACT INFORMATION Contact Name Ms. Valeria Gaina PAGE 70 E-mail [email protected] Website www.moldse.md