The Ministry of Finance discussed the preliminary forecast of macroeconomic indicators until 2023 and proposals for tax policy for 2021.
The issues were discussed at the first meeting of the working group, which is responsible for the macroeconomic framework, tax policy and resources, held at the department on Wednesday. According to the Ministry of Finance, the meeting was attended by representatives of the State Chancellery, the Ministry of Economy and Infrastructure, the Ministry of Health, Labor and Social Protection, the National Bank of Moldova, the State Tax Service, the Customs Service, the National Medical Insurance Company, the National Social Insurance Fund, the National Trade Union Confederation, the National Confederation of Patronages (employers), National Bureau of Statistics and the Congress of Local Authorities of Moldova. Vice Prime Minister and Minister of Finance Sergei Puscuta, who chaired the meeting, noted the importance of this event for the subsequent approval of the budget forecast for the medium term 2021–2023. and tax policy for the coming year. “This will help us to develop very well-designed bills, the final users of which will be Moldovan citizens,” said Sergei Puscuta. He presented some of the priorities of tax policy for the next year, including simplifying tax administration, reducing the cost of reporting and paying taxes and fees, standardizing tax regimes, and ensuring predictability in the application of taxes and fees. In turn, the State Secretary of the Ministry of Economy and Infrastructure, Iuliana Dragalin, presented a preliminary forecast of macroeconomic indicators for 2021-2023, emphasizing that investments will be the main engine of economic growth in 2020, and the average monthly salary in the economy will continue to grow. According to the State Secretary, the growth of gross domestic product will be stimulated by many factors, such as investment in infrastructure, maintaining private consumption in an uptrend, launching new projects in free economic zones, as well as continuing to use the opportunities provided by international cooperation agreements. During the meeting, members of the working group made several proposals to be studied in the process of developing a budget forecast for 2021–2023, as well as a document relating to tax policy for 2021 //19.02.2020 - InfoMarket.