Moldova is not dependent on external financing and can cope with its own resources, economic expert Viorel Garbu said in the program “Pahomi” on Realitatea TV channel, quoted by IPN.

“The idea that we receive all the necessary money from abroad is wrong. The Republic of Moldova is not dependent on cash injections from outside as these represent at most 10% of its budget. Transnistria is heavily dependent on the financial resources provided by Russia, which represent 85% of the region’s budget. But Moldova can cope with its own resources. Only correct management is needed,” stated Viorel Garbu.

He noted that the money allocated from abroad is intended for modernizing the country and implementing reforms, but is yet misused. “Our political elites do not really want modernization and reforms. All the accomplishments related to the democratic values, transparency in decision-making, the right to assembly and the freedom of expression are obtained by the people. Our elites do not need these values as they will have to leave otherwise. They do not need even economic development,” said the expert.

Viorel Garbu leveled criticism at the rulers for the non-implementation of the Association Agreement with the EU, in particular its economic part. “They signed this accord and left it aside. They should have at least set particular steps and worked out a strategy. They spoke a lot, but did nothing,” he stated.