Moldova Poverty Update
Moldovan GDP growth rose and the poverty
rate fell steeply following the end of the Russian financial
crisis in 1999. Since late 2002, GDP has continued to grow
vigorously, however there has been little progress in
reducing poverty. In short, GDP growth is no longer reducing
poverty. The national poverty rate is broadly stable while
the rural poverty rate is on a modest upward trend. Analysis
of data from the household budget surveys shows that the