The economic growth is desirable in any country because it contribute to the insurance of a big quantity of goods and social services, like health, education etc., generating in this way a real grow of the life quality. The economic growth process is a complex process of increasing the national economy results. All the nations attempt to pursue economic growth via fiscal policy which involves spending, borrowing, or taxation. They also attempt to implement monetary policy which involves manipulating the supply of money or reserves that build trust for borrowing. In this article the author will examine how fiscal and monetary policy contributes to achieving economic growth of the Republic of Moldova, i.e. how well the governing authorities handle or adjust to fiscal and monetary problems, such as inflation, debt, deficits, reserves, interest rate and trade balances. The author is analyzing the main instruments and their transmission mechanisms and proposes solutions to improve the economic situation.