IMF Signals Shift Toward State-Led Industrial Policy
English
USD/MDL - 17.61 0.0841
EUR/MDL - 20.28 0.0048
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
GOLD - 4,676.64 0%
EURUSD - 1.16 0%
BRENT - 102.01 43.9%
SP500 - 655.83 0.09%
SILVER - 73.01 0%
GAS - 3.05 15.75%

IMF: State plan instead of free market

In the April 2026 report "Institutions for Industrial Policy," International Monetary Fund (IMF) experts discuss the shift away from pure free market principles in economic management. Industrial strategies require active government intervention and coordination, reminiscent of Soviet Gosplan methods to support key sectors of the economy in the new environment, according to the Fund's working papers.
Ирина Коваленко Reading time: 1 minute
Link copied
IMF

The report discusses the need for “industrial policy institutions” that engage in strategic planning, selection of “winners” (priority industries) and resource allocation. And “planned economy” is seen as a forced measure in the conditions of global fragmentation and new geopolitical reality.

Purely market mechanisms are recognized as insufficient to ensure sustainable growth and technological leadership. At the same time, as other sources note, the IMF continues to assess budgetary risks in countries requiring structural reforms (e.g., Moldova) and to monitor global debtors.

In its October World Economic Outlook report, the IMF ranks the countries with the highest public debt in 2025, in which Moldova ranks 126th out of 170 countries in terms of debt to GDP.

Moldova’s public debt is 37% of GDP. This is significantly lower than many countries and is considered an acceptable indicator of debt burden on the economy by international standards. In the EU as a whole, the debt level is more than 80% of gross domestic production.



Реклама недоступна
Must Read*

We always appreciate your feedback!

Read also