Natalia Gavrilița in London: Moldova’s Government is pro-business

The Government aims to transform Moldova into a really attractive country in which the digital solutions are a norm and an implicit solution, not an exception. “The Government of the Republic of Moldova is pro-business: we encourage investments so that we would like to see more investors coming to our country. I would like to open a communication channel between the capital markets and businesses in the Republic of Moldova,” Prime Minister Natalia Gavrilița stated in the event “Moldovan Capital Markets Day” that was hosted by the London Stock Exchange, IPN reports.

In her speech, Natalia Gavrilița said the justice sector reform is one of the main priorities of the Government’s reform agenda. This reform implies an external assessment of judges and prosecutors as it is crucial for the citizens and for the business community and foreign investors to enjoy stability and predictability. The justice sector reform will contribute to strengthening the judicial system and institutions, making them more receptive, efficient and honest. This will be a social reform and also an economic reform as an equitable, independent and responsible justice system is essential for the functioning of democracy and is a precondition for a functional market economy.

According to the Premier, more actions are needed to fight corruption and to penalize grand corruption. They are now working on more open, transparent and equitable governmental administration so as to ensure good governance in all the areas. Confidence in Moldova as a destination for business and investment will be built only this way.

The digitization of public services and of the economy is another important aspect mentioned by Natalia Gavrilița. She said the digitization of the public administration and of the economy will help to create an integrated system in which businesses can interact between them and with the state institutions, reducing the lost time and bureaucracy and saving financial resources. These changes enable entrepreneurs to register businesses only by using only a qualified digital signature. The EU electronic signatures will be recognized in Moldova.

The Premier noted that one of the Government’s goals is to improve the country’s credit rating by enhancing good governance. They are making effort to create favorable conditions for the private capital markets and investment funds to safer take part in the financing of Moldovan companies through all the financial instruments available on the market. They are analyzing the possibility of issuing government Eurobonds for financing projects of national importance that can improve the country’s infrastructure.

The official also said that Moldova supports the initiative to globalize local businesses by launching them on international capital markets through initial public offering and/or Eurobonds.

Prime Minister Natalia Gavrilița is paying an official visit to London during November 15-16.

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