Young people employed for the first time in strategically important industries will benefit from a monthly allowance for 12 consecutive months. The legislative initiative providing this financial support was voted on Thursday by the Parliament in the final reading, reports IPN.
Compensation will be available to individuals up to the age of 35, employed for the first time in fields such as: electronics, chemical and pharmaceutical industries, machinery and auto parts manufacturing, textile and clothing industry, construction materials industry, food industry, and the creative sector. These fields are included in the National Industrial Development Program for the years 2024-2028.
The authorities estimate that, over the next two years, approximately 6,000 young people will benefit from a monthly allowance of 3,000 lei. The necessary funds will be allocated from the state budget, and the method of granting the allowances is to be established by the Government.
The law will come into effect one month from the date of publication in the Official Gazette.
Prime Minister Dorin Recean announced the granting of this salary supplement in April. According to the head of the executive, to encourage young people to stay in the country, the authorities are supporting employers to offer more attractive salaries right from the first job.
The Republic of Moldova is facing an “educated, continuous, and accelerated” exodus. Economist Veaceslav Ioniță warns that, after 21 years, only half of the 38,000 children born in 2004 still live in the country.
Ionita, who has analyzed the journey of this generation – from kindergarten, school, high school, university, and up to the first years of work – notes that “at every stage, the 2004 generation has decreased demographically.” He estimates that one in two young people leave the country before turning 22. Thus, in the year of university graduation – 2026 -, in the Republic of Moldova, there will remain approximately 17,800 young people out of the 38,000 born in 2004.
The expert emphasizes that, beyond the loss of human capital, each young person leaving represents between 25 and 30 years of lost tax contributions. With an estimated average annual contribution of 4,000 euros, the Republic of Moldova loses between 100,000 and 120,000 euros for each young person who builds their future in another country.