PSD accuses Govt. of opacity in managing economic crisis

The Social-Democratic Party (PSD) criticizes the Government for doing nothing to manage the economic crisis hitting Moldova. “The only measures undertaken is keeping the exchange rate of the leu to other currencies, by using the money form the National Bank's reserve,” said PSD secretary Eduard Musuc at a news conference on Thursday. He has said, for the last 4 months, out of $1.8 billion in the national reserve, the Government has used over 500 million to buy the surplus of lei from the market. Eduard Musuc says he understands the present governance's will to refrain inflation at any cost, but this may ruin the Moldovan producers. “They say they can manage the crisis, but they don't tell us what steps they are going to undertake,” Musuc stated about the Communists Party. But, the PSD considers there are no reasons to panic, although the situation is bad. The PSD sees overcoming the crisis by launching big infrastructure projects, by supporting the key sectors of the economy: agriculture, wine-making and constructions. The PSD proposes to expand the lists of goods sold with minimum markup. Meanwhile, the PSD has negotiated with foreign partners and developed investment projects to process food, build roads and modernize the heating and energy system.

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