FEAS Yearbook FEAS Yearbook 2011 | Page 94

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2011 MOLDOVA STOCK EXCHANGE ECONOMIC AND POLITICAL DEVELOPMENTS In 2010 political scene in the Republic of Moldova was characterized by 2 important events: the referendum of constitutional change and legislative early elections. Constitutional referendum was not validated. As a result of parliamentary elections, four political parties formed the new parliament: Liberal Democratic Party, Liberal Party, Democratic Party and Communist Party. In 2010 by the IMF Executive Board has been approved the Economy Program with the Republic of Moldova. Resources have been given both to ensure external stability and budget direct support. In 2010 the average increase of the prices was about 7.3%. The annual inflation in December 2010 was 8.1%. The annual inflation rate in December 2009, measured by consumer price index, was 0.4%. GDP, measured in current prices for 2009, was US$ 5404 million and GDP per capita was about US$ 1514.4. GDP deflator, which characterized the dynamics of the general level of prices in the economy, was 2.0%. For 2009 exports equaled US$ 1287.5 million and imports - US$ 3278.3 million. Total trade balance turned a deficit of US$ 1990.7 million. Information obtained from the Exchange. On March 2010 the World Bank and the European Commission were co-hosting a Consultative Group Meeting “Moldova Partnership” Forum. At the meeting was presented the document “Rethinking Moldova” which includes the strategic priorities for the country’s reform. MOLDOVA ECONOMIC CHARTS AND TABLES 2009-DESTINATION OF EXPORTS (%) CIS CIS Other EU 2009 - ORIGINS OF IMPORTS (%) EU Other 38.1 21.8 10.0 51.9 Key Information Contacts Government of the Republic of Moldova www.gov.md Ministry of Economy www.mec.gov.md Public Property Agency www.app.gov.md National Bank of Moldova www.bnm.org National Commission of Financial Market www.cnpf.md Chamber of Commerce and Industry www.chamber.md National Bureau of Statistics www.statistica.md PAGE 92 43.4 34.8