Republic of Moldova : Sixth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements, Request for modifications of performance criteria, and Second review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Alternative Executive Director for the Republic of Moldova

This paper presents the Republic of Moldova's Sixth Reviews under the Extended Credit Facility and Extended Fund Facility Arrangements, Request for Modification of Performance Criteria, and Second Review under the Resilience and Sustainability Facility Arrangement. Recovery from the multiple shocks is taking hold, and inflation has remained within the National Bank of Moldova's target band since October 2023. However, downside risks remain large, mainly related to the geopolitical situation and renewed energy shocks. Prudent policies and maintaining buffers and robust contingency plans, including in the energy sector are needed to address looming risks. Fostering growth-friendly investment and reforms, supported by the EU accession process will help advance toward Moldova's development objectives