The more transparent are the public authorities, the greater will be the maneuvering space for reducing corruption. In the Republic of Moldova, any area, starting with agriculture and ending with public administration, necessitates efforts and restructuring so as to be more transparent, economic expert Iurie Morcotylo stated in the public discussion “Economic year 2016 in the view of entrepreneurs and experts”, staged by IPN News Agency.
According to the expert, the economic growth next year will depend on a lot of factors. It is expected that the public investment will be larger than this year. Furthermore, the inflation rate was stabilized. It is also anticipated that the external shocks will not be as great. “But this expected growth of 3% will be very small for the Republic of Moldova. An economy that grows by 7% a year needs tens of years to double the Gross Domestic Product. With 3% we will double the GDP per capita in 25 years,” stated the expert, adding that the economic and political elites haven’t so far found a strategic solution for restructuring the economy.
“The latest relevant data show Moldova does not move on and even witnesses regression in parts, in terms of economic structure,” stated Iurie Morcotylo.
According to him, in the absence of a system for promoting functionaries based on merits, Moldova will have very bad public policies. “As long as the public institutions are not filled with bureaucrats elected based on merits and intellectual abilities, our public policies will be distorted and will lead the state to an incorrect direction,” said the expert.
As to the law on capital liberalization and tax stimulation, Iurie Morcotylo said it is too early to apply tax amnesty in Moldova because there are major risks that this will further stimulate tax evasion.
The public discussion “Economic year 2016 in the view of entrepreneurs and experts” is the 68th installment of the series of debates “Developing political culture by public debates” that are held with the support of the Hanns Seidel Foundation of Germany.
