|On May 15th, experts of GET Moldova presented their policy paper “Remittances from Russia: Macroeconomic implications of possible negative shocks” to the governor of the National Bank of Moldova, Dorin Dragutanu.
Due to the high relevance of this issue for Moldova, a technical workshop was then held with a group of officials of the National Bank of Moldova, the Ministry of Economy and the National Bureau of Statistics. The workshop focused on methodological aspects of calculating remittance volumes and modelling strategies for assessing the macroeconomic impact of possible remittances shocks. In view of the present tensions between Ukraine and Russia and the threats Moldova has to take into account when considering the signing of the Association Agreement with the EU later this year, a vivid discussion took place after the workshop.
Remittances from Russia: Macroeconomic implications of possible negative shocks