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Moldova to approve in 2023 the National Economic Development Strategy, as well as the National Industrialization Program.

Moldova to approve in 2023 the National Economic Development Strategy, as well as the National Industrialization Program.

This includes the draft government action plan for 2023, submitted for public consultations. In addition, the document in the section “Economy and Entrepreneurship” stipulates the adoption by the Cabinet of the Program for the Development of Economic Diplomacy for 2023-2027, the National Program for the Promotion of Entrepreneurship and Competitiveness, the Program for Financial Support for the Development of Small and Medium Businesses in the Field of Rural Tourism, the Program “Women in business”, Small Producer Support Programs. In addition, this year it is planned to develop adequate legislation for the development of crowdfunding (P2B loans, crowdfunding), develop options for stimulating the development of "angel" investments (business angel investments) in start-ups and SMEs, amend legislation to increase state support, and review the system of sanctions in the field of business and reduce the risk of abuse by law enforcement agencies in relation to the business environment, simplifying the process of voluntary liquidation of a business. Along with this, it is planned to develop a regulatory framework in order to improve the activities of market surveillance and compliance of non-food products, strengthen consumer protection mechanisms, adopt a draft law on the international business services park, improve procedures for the liquidation of enterprises as a result of bankruptcy, amend the Law on competition, in regulations relating to aspects of corporate governance and the capital market. Legislation will also be passed to improve access to finance for the private sector by diversifying citizens' access to financial and savings instruments. It is planned to simplify technical and sanitary requirements to support the production and processing of small-scale agri-food products (fruits, vegetables, dairy products, poultry meat), to simplify technical and sanitary requirements to support facilities that provide housing, food and other services for travelers and tourists from rural areas ( tourist boarding houses, agri-tourism and rural houses), etc. // 16.01.2023 - InfoMarket.

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