June 12, 2006
Both government transfers and private remittances from abroad contributed to the rapid reduction of poverty over 1999-2002, and these flows continued over 2003-05. Analysis of data for 2002-04 shows that relatively small shares of public and private transfers flowed to the poorest groups. The Government budget for social assistance reaches across the entire population, but is not targeted to the poorest groups. Moreover, the recent fast gains in private transfers are not compensating for the decline in other sources of income, notably agricultural incomes.
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Moldova: Poverty Update 2006 is available in PDF format in English (211kb) and Romanian (161kb).
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