OREANDA-NEWS. April 19, 2012.This has been said in the World Economic Outlook published by the International Monetary Fund recently, a special correspondent of InfoMarket reports from Washington. According to the report, IMF experts project 4,5% GDP growth in 2013 in Moldova.

They also expect further inflation slowdown which will make 5,5% in 2012 and 5% in 2013 in Moldova. AS it was said earlier, GDP increased 6,4% in 2011 in Moldova. Expressed in monetary terms, it equaled 82 bln. 174 mln. leis. Inflation made up 7,8% last year in our country. After the substantial degradation in 2011 outlooks of the global economy development are becoming better the high risks of slowdown remains although, Olivier Blanchard, chief economist at the International Monetary Fund, stresses as speaking of the world economy development forecast.

Increased activity in the USA in the second half of 2011 and more effective policy measures assumed in the area of Euro in the reply to deepening recession in the region have lessened the threat of drastic slowdown of the global economy. As a result developed economies may see growth and majority of developing markets are expected to remain steadily active. Alongside whit this, all these improvements are very shaky.

As IMF experts say, policy-making agencies have to continue pursuing fundamental changes necessary to achieve mid-term sound growth. Taking into consideration substantial discrepancy between real and potential volume of production in developed economies they have to implement policies aimed at supporting still poor growth. According to IMF projects, global growth rates will decline from 4% in 2011 to 3,5% in 2012. They are expected to recover to 4% in 2013 as a result of revitalization of 2012.

Moderate recession is still predicted in the area of euro due to crisis of sovereign debts, credibility gap, aftershocks of real sector deleverage and budget consolidation answering the market pressure. Activities in states with developed economies will be disappointing as before: the growth is projected at 1,5% in 2012 and 2% in 2013 there.