The creation of new jobs, optimization of budget-funded institutions and rise in salaries and pensions are among the priorities of the budgetary-fiscal policy, Minister of Finance Octavian Armasu stated in the talk show “Fabrika” on Publika TV channel, IPN reports.

Armasu noted that the Government in 2017 will resort to the subsidization of jobs. “We will launch projects to subsidize and create jobs. In 2017, the mechanism will be improved because we have broader support for such projects. Increased attention will be paid to the areas that are in the ascendant, such as the IT sector,” he said.

The minister also said that they decided to optimize the budget-funded institutions and the salaries of the employees of these institutions will be increased based on this optimization. “In the Republic of Moldova, we have over 200,000 employees in the budgetary sector. These include the teachers and doctors, but the figure is anyway too large for a country as ours. We will try to increase the salaries of budget-funded employees based on gradual institutional optimization,” stated Armasu.

He denied that increasing the retirement age is a condition imposed by the IMF and said that the pensions in 2017 will be increased. “First of all, the rise will be felt by socially disadvantaged pensioners. The pension system reform will eliminate many inequities. The pensions will be raised gradually, but the disfavored ones will feel the effects of the reform the first,” assured the minister.