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Negative economic impact of epidemiological crisis can increase next months, expert


https://www.ipn.md/index.php/en/negative-economic-impact-of-epidemiological-crisis-can-increase-next-months-7966_1072956.html

The epidemiological crisis experienced currently by Moldova poses multiple threats to the national economy, whose magnitude cannot be known exactly for now. The real impact will be dictated by the way in which the situation in the national economy is managed in the second quarter and, in particular, in the third quarter of this year, economic expert Viorel Gîrbu stated for Infodebit, IPN reports.

“To prevent a large-scale economic and social crisis, it is imperative to eliminate any restrictions imposed on economic activity as swiftly as possible,” stated Viorel Gîrbu.

He noted that agriculture and the building sector were the worst hit by the economic restrictions imposed in connection with the epidemiological crisis. The probability of the appearance of important social problems in the eventuality of unfavorable developments in these sectors is rather high.

The expert said that even if the share of the two sectors in the GDP is not overwhelming, the share of the population working in the agricultural and building sectors is important, representing 28%. The rural areas are more affected as approximately each second person there works in one of the two sectors.