GET presents the economic monitor for Moldova to members of MDW

On 24.02.2021, the German Economic Team presented the Economic Outlook Moldova to representatives of the Moldovan-German Business Association.

After the double shock of last year, consisting of a severe drought in the summer, which particularly affected the economically important agricultural sector, and the consequences of the Corona pandemic, a growth of 4.5% is forecasted this year. In addition, the successful reforms in the banking sector, as well as opportunities arising in the context of nearshoring, also contribute to overall positive findings. The numerous participants were particularly interested in the long-term developments of the Moldovan economy and took part in the discussion that followed the presentation.