Moldova's total public debt in relation to GDP is decreasing and its share in GDP at the end of 2023 amounted to 34% - Dorin Recean.
Prime Minister stated this while answering questions from MPs after presenting a report on the government's activity last year. At the same time, he said that, compared to many other countries, the ratio of the total public debt to GDP is relatively low in Moldova, despite the fact that Moldova receives many new loans for the development of the economy. Referring to the gas prices, Prime Minister recalled that Moldova got rid of the gas blackmail and now buys gas on the free market. Dorin Recean said that the gas tariffs have already been reduced several times in Moldova, and the government is working to continue this trend, so that the tariffs continue to decrease due to the acquisition of cheaper gas on the market. He did not respond specifically to a question about plans to put the energy sector companies Rețele Electrice de Distribuție Nord (100% state-owned) and Furnizarea Energiei Electrice Nord (100% state-owned) up for privatization this year. He noted that investments will continue to be made in them in order to modernize the companies, to increase their capacity to operate in the context of the planned increase in electricity consumption, and to ensure that consumers have the lowest possible tariffs. // 14.03.2024 - InfoMarket
