About 5,000 Moldovans might annually benefit from mortgage loans within First Home programme

Chisinau, 25 June /MOLDPRES/ - About 5,000 people might annually benefit from mortgage credits within the First Home programme, launched by the government. Forecasts have been presented by the state general secretary at the Finance Ministry, Ion Chicu, in an interview given exclusively to MOLDPRES.  

„We hope to attract as many as possible young specialists into the budgetary sector and, while analyzing our capacities to provide guarantees within the First Home programme, the figures reaches 5,000 people each year. The ministry backs such initiatives only after grounded calculations. We have made forecasts on collections for the next years. The concerned sums calculated perfectly meet the available sums forecast,” Chicu noted.   

Ion Chicu also said that, if public sector employees return the full cost of the dwelling before the term set, then they would no longer benefit from the compensation provided by the state. “The goal of this programme is to attract and maintain professionals in the public sector as much time as possible. If the beneficiary returns all loan and we provide the compensation, there is the risk for the initial objective not to be achieved. We will focus on the support of specialists who continue to work in the public sector,” Chicu added.         

According to the official, Moldova’s development partners back the initiative and all macro-budgetary parameters were coordinated with them. In this context, the official voiced hope that the programme would have continuity.

Twenty million lei is provided for in the 2018 budget to provide compensations within the First Home programme.  

(Reporter N. Sandu, editor A. Raileanu)