Budget will not feel lack of macro-financial assistance, but Moldova will generally be affected, opinion

Moldova’s budget will not seriously feel the absence of the EU macro-financial assistance, but the country will be generally affected by this. The conclusion can also be drawn from the authorities’ nervous reaction to the EU’s announcement about the suspension of the first tranche of the promised macro-financial assistance, invitees of the talk show “Key issue” produced by NTV Moldova channel were quoted by IPN as saying.

Socialist MP Vladimir Golovatiuc said the budget revenues rose, but the Republic of Moldova will feel the lack of the money promised by the EU. “The budget will not feel the absence of the EU macro-financial assistance, but it will be cynical to say that the country will not be affected and that the economy grows,” stated the politician. According to him, the budget could have increased by 2 billion lei and this money is now needed in Moldova. “This money is needed for the social sphere, for infrastructure projects. We lag behind in preparing the production platforms.”

Expert Viorel Girbu said the authorities reacted rather edgily to the suspension of the macro-financial assistance. The budget revenues increased indeed, but this increase was planned in the budget and was already taken into account when amending the expenditure. Moldova cannot damage the relations with the EU. The country invested a lot to reorient its exports to the Western market. “The country’s economy will not resist such a twist. It will be very hard for us to reorient again,” noted the expert.

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