Moldova's economy expected to grow 3.5 percent in 2013


(MENAFN) The European Bank for Reconstruction and Development (EBRD) said that Moldova is expected to have an economic growth of 3.5 percent in 2013, Xinhuanet reported. The EBRD revised its growth forecast for the country from 2.5 percent to 3.5 percent for this year, but for the next, it now expects growth to be at 3.5 percent, down from the initial forecast of 4 percent. Moldova's gross domestic product (GDP) has been growing at an average of 4.8 percent since 2001. Last year, the country's GDP amounted to USD7.28 billion.


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