{"id":237076,"date":"2006-01-10T16:39:00","date_gmt":"2006-01-10T16:39:00","guid":{"rendered":"http:\/\/new.moldova.org\/2006\/01\/10\/trade-deficit-beats-record-of-past-15-years-exceeds-one-billion-dollars-in-11-months-of-2005-7916-eng\/"},"modified":"2006-01-10T16:39:00","modified_gmt":"2006-01-10T16:39:00","slug":"trade-deficit-beats-record-of-past-15-years-exceeds-one-billion-dollars-in-11-months-of-2005-7916-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/trade-deficit-beats-record-of-past-15-years-exceeds-one-billion-dollars-in-11-months-of-2005-7916-eng\/","title":{"rendered":"Trade deficit beats record of past 15 years, exceeds one billion dollars in 11 months of 2005"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The trade deficit of Moldova was higher in 11 months of 2005 than the government has estimated for the entire year 2005 and reached a record figure for the past 15 years – 1.55 billion dollars, according to da ta of the National Bureau for Statistics. The trade deficit exceeded the exports by 70.8 million dollars. <\/p>\n

The government fails so far to take efficient actions in order to discourage the growth of deficit. The export rose by 11 percent in 11 months, while impost grew by 30.1 percent. The rise of internal consumption fuelled by massive remittances of Moldovans working abroad is one of causes of considerable growth of imports. <\/p>\n

The executive updated its forecasts for trade balance last August and increased them by 30 percent, up to one billion dollars. <\/p>\n

The foreign trade of Moldova exceeded the record level of 3 billion lei in 11 months and it was by 23 percent higher than in January-November 2004. The National Bureau for Statistics has announced that Moldova imported goods worth 2.39 billion dollars in January-November 2004 but exports turned over 984.5 million dollars. <\/p>\n

The trade deficit of Moldova with the CIS accounts for 308.8 million dollars, with the European Union – 369.6 million dollars, Central and Eastern Europe 155.9 million dollars, and other countries 220.7 million dollars. <\/p>\n

The government forecasts a 13-percent rise of exports and a 11-percent growth of imports for 2006. \/\/ BASA-Press<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>The trade deficit of Moldova was higher in 11 months of 2005 than the government has estimated for the entire year 2005 and reached a record figure for the past 15 years \u2013 1.55 billion dollars, accord<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-237076","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The trade deficit of Moldova was higher in 11 months of 2005 than the government has estimated for the entire year 2005 and reached a record figure for the past 15 years – 1.55 billion dollars, according to da ta of the National Bureau for Statistics. The trade deficit exceeded the exports by 70.8 million dollars. <\/p>\n

The government fails so far to take efficient actions in order to discourage the growth of deficit. The export rose by 11 percent in 11 months, while impost grew by 30.1 percent. The rise of internal consumption fuelled by massive remittances of Moldovans working abroad is one of causes of considerable growth of imports. <\/p>\n

The executive updated its forecasts for trade balance last August and increased them by 30 percent, up to one billion dollars. <\/p>\n

The foreign trade of Moldova exceeded the record level of 3 billion lei in 11 months and it was by 23 percent higher than in January-November 2004. The National Bureau for Statistics has announced that Moldova imported goods worth 2.39 billion dollars in January-November 2004 but exports turned over 984.5 million dollars. <\/p>\n

The trade deficit of Moldova with the CIS accounts for 308.8 million dollars, with the European Union – 369.6 million dollars, Central and Eastern Europe 155.9 million dollars, and other countries 220.7 million dollars. <\/p>\n

The government forecasts a 13-percent rise of exports and a 11-percent growth of imports for 2006. \/\/ BASA-Press<\/a><\/p>\n

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