The Parliament of Moldova canceled the so-called law on a billion, which shifted onto the shoulders of citizens the debt formed due to the theft of a billion
56 deputies voted for the adoption of the corresponding decision, who declared invalid the Law on the issue of government bonds in fulfillment by the Ministry of Finance of payment obligations arising from state guarantees of November 17, 2014 and April 1, 2015. The authors of the bill on the abolition of the "law on a billion" noted that the document developed by them is aimed at eliminating additional tax pressure on the population and economy of Moldova, at efficient use in the interests of citizens of the financial resources accumulated by the state in the form of taxes and fees, without allowing a significant increase in the national debt. One of the authors of the bill, Social Party of RM deputy Petru Burduja, noted that it is at least incorrect to shift responsibility for the return of funds stolen from the banking system onto citizens' shoulders, and this represents an additional fiscal burden for the state. “Citizens are not required to be held accountable for the mistakes of previous governments,” he stressed. The initiators of the bills - a group of deputies of the Socialist Party of RM parliamentary faction, proposed to allocate money intended to pay off the debts of the three liquidated banks to the NBM to support farmers. In particular, the vice-speaker of the parliament, deputy from the Socialist Party Vlad Batrincea proposed, after the repeal of the law, by which the citizens were charged with reimbursement of funds stolen from banks, to allocate an additional 600 million lei to agrarians. “This is the only way today to increase the size of the Subsidies Fund for Agriculture,” he said. By a decision taken today, the parliament instructed the government, within 3 months from the date of entry into force of the law, to develop and propose the necessary measures to solve the problem of the debt of Banca de Economii, Banca Sociala and Unibank to the National Bank. It should be noted that the Law on the issue of government bonds in pursuance of the Ministry of Finance's payment obligations arising from government guarantees of November 17, 2014 and April 1, 2015 provided for the issue of government bonds at par value, with a fixed interest rate, for a period of up to 25 years, with a volume of up to 13 billion 583 million 717 thousand lei, with an effective interest rate of 5%. Previously, the incumbent President Igor Dodon expressed hope that the parliament would support the initiative to repeal the law, which entrusts citizens with the refund of funds stolen from banks, stating that due to the law adopted in 2016, taxpayers must pay 35 billion lei from the budget.// 16.12.2020 — InfoMarket.
