The Bank also maintained its growth forecast for 2027 at 3.5 per cent (the figure announced back in June remains unchanged), but warned of risks of a deterioration in the situation. These risks include volatility in energy prices, weak external demand, the consequences of Russia’s military invasion of Ukraine and delays in implementing reforms — these are the conclusions of the September ‘Regional Economic Outlook’ report.
In 2025, the country’s economic growth rate accelerated to 2.4 per cent (from 0.1 per cent in 2024), but is then estimated to have slowed to 1 per cent in the first half of 2026. In the first quarter of 2026, real GDP growth on an annualised basis fell to 0.4% against the backdrop of a new energy shock triggered by the conflict in the Middle East, the EBRD noted.
“Domestic demand was supported by wage growth, expanded lending and EU-backed investment, whilst rising energy prices weighed on purchasing power and business confidence. The increase in exports is so far helping to partially offset the pressure on external economic indicators and is contributing to a reduction in the current account deficit.”
In June, the EBRD revised downwards its economic growth forecast for the Republic of Moldova for 2026 by 0.2 per cent, against a backdrop of risks caused by the war, the energy crisis and instability in international markets.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
Follow our updates
Have information for the newsroom? Share it with Logos-Press
Comments
0No comments yet. You can start the conversation.
Comments are open to readers with a Logos Press account.
Sign in to comment