Moldova is developing a new program for promoting and attracting foreign direct investments, which is scheduled to be adopted by the end of this year.
Finance Minister Petru Rotaru announced this while speaking at the annual meeting of the high-level dialog in the economic and financial fields in Brussels. The meeting was also attended by the first Vice-Governor of the National Bank of Moldova, Vladimir Munteanu. Moldova participated in this event for the first time as a candidate country for EU accession. Petru Rotaru said that the European aspirations in Moldova are stronger than ever. "For us, EU membership means a prosperous economy and high living standards for people. The experience of the EU member states and EU candidate countries is very important now to speed up Moldova's accession," he said. The Finance Minister emphasized the commitment to implement all the recommendations that will contribute to the improvement of the public finances management system, will stimulate investments and, consequently, will boost economic growth, with the goal of Moldova's accession to the EU by 2030. "In order to achieve fiscal consolidation and lay the foundations for long-term economic growth, we are tackling the most important problems affecting our economic performance. In this sense, the legislation regulating the identification, selection and evaluation of all public investment projects has been amended, and from January 2024, the Ministry of Finance has started to strengthen the capacity of public entities to prepare new project proposals. We also intend to increase the participation in the labor market, by actively promoting the employment of women and socially vulnerable groups," the Finance Minister added. He said that the Moldovan government seeks to institutionalize a clear structure, which will allow for a continuous assessment of the financial and economic activity of the state enterprises and of the corporate governance. Petru Rotaru said that a new program dedicated to the promotion and attraction of foreign direct investments is being elaborated and is expected to be adopted this year. "The Economic Development Strategy, which is in the final stage of drafting, will provide a broader vision for the development of economic policies," Petru Rotaru said. The meeting brought together representatives of finance ministries and central banks of EU member states. The event represents an important framework for strengthening relations and developing cooperation in the economic and financial field between the regions. // 15.05.2024 - InfoMarket.
