Moldovan authorities to significantly cut wages in the public sector; the matter will affect heads of state-owned enterprises and enterprises with state capital and state representatives in commercial enterprises.
This is provided for by amendments to the Law on the Unified Payroll System in the Budgetary Sphere and the Law on Wages, which the parliament adopted in the first reading. The approved amendments stipulate that the monthly salary of personnel of budgetary structures cannot exceed 3 average monthly salaries in the economy, and personnel representing the state in commercial companies and having participation interests in them, including employees appointed to the governing boards of such enterprises, cannot receive additional payments for their activities. In addition, it is proposed to mention in the law that the wages of employees of self-supporting enterprises receiving budget subsidies cannot exceed 3 average monthly wages in the economy, and the total monthly wages of heads of state-owned enterprises, heads of enterprises with a predominance of state capital and monopoly enterprises determined by the government, cannot exceed 3 average monthly salaries in the economy, and these persons cannot receive other payments. Currently, the law stipulates that the wage of these heads of enterprises may be 3-5 times higher than the average monthly wage within the enterprise as a whole from the beginning of the year to the reporting month, depending on the positive annual financial and economic results. // 12.04.2021 - InfoMarket.
