The economic growth occurred amid the stabilization of public finances, owing to the collection of additional revenues into the state budget, director of the Market Economy Institute Roman Chirca was quoted by IPN as saying in the talk show “Fabrika” on Publika TV channel. According to him, the economic growth was also due to the channeling of a number of projects to infrastructure.
“Regrettably, the sector of small and medium-sized enterprises continues to be in difficulty and is afloat. The large sectors are the main driving forces,” stated Roman Chirca, noting that among other important aspects was the banking system, with the elimination of fraudulent practices and diminution of capital costs that enabled to lend more to the economy. However, according to the expert, the business environment in Moldova continues to be toxic.
Political analyst Corneliu Ciurea said the banking system now cannot suffer a collapse similar to that of 2013-2014. The fact that this reform is mentioned in the documents of international institutions is a clear proof of success. The Government should do so that this success that is witnessed in the country and is confirmed internationally is felt and understood by the citizens.
On May 11, Prime Minister Pavel Filip presented the progress report for 2017 in Parliament. He said there are indicators in the Republic of Moldova showing that things go right. At the same time, they show that time has come to take bigger and faster steps for the people to feel more consistent improvements in life. After 2016 the national economy has been stabilized and the foundations of reform processes were laid in 2017. The development of the country started in 2018.
