National Bank of Moldova - Annual Report 2004

The National Bank of Moldova has published its Annual Report for the year ended 2004. The world economy in 2004 denoted further recovery trends: the growth rate of global economy increased for the third consecutive year and accounted for an estimate of 5.0%, the report said.

"Despite its global amplitude, economic expansion over 2004 was mainly due to the positive outcomes registered in the economy of the USA and of the developing countries (especially in Asia). During the year the world

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