Moldovan state to provide subsidies of 40,000 lei for creation of each job

Chisinau, 20 December /MOLDPRES/ - The state will provide 40,000 lei for the creation of each job in 2018, according to a regulation on the subsidization of the creation of jobs, approved at a cabinet meeting today. The quantum of the subsidy will be annually indexed, depending on the increase in the average salary on the economy.

The government’s goal is to set up a mechanism of stimulating investments, with the aim of economic development through the creation of new jobs and diminishing the migration. The means for subsidization are provided for in the medium-term budgetary framework 2018-2020, starting from 2019 already. Allocations worth 40 million lei are planned to this end.

The subsidies will be provided to legal entities, except for the entities with full or majority state capital (more than 50 per cent) which practice entrepreneurial activity in Moldova, whose application was positively evaluated and who got the approval of the financing. The state will back the creation of jobs for men with ages ranging from 18 to 25 years, as well as with ages older than 45, for women of all ages.

Companies will receive subsidies on condition that they get an increase of the number of wage earners by at least 100 persons and provide an average monthly salary for employed people subjects of the subsidy not less than 75 per cent of the quantum of the average salary on the economy, forecast for the reference year approved by the cabinet.

The economic agents also should not have debts taxes to the national public budget, except for cases of re-scheduling the debts invoked, according to the agreements signed. The economic agents also take commitment to maintain, for a period of three years since the last installment of the subsidy’s payment, the number of employees, including from the category of persons subjects of the subsidy, at least at the level stipulated in the agreement on subsidization.

(Reporter V. Bercu, editor A. Raileanu)