Ambassadors accredited to Moldova informed from first source about government actions

Chisinau, 2 August /MOLDPRES/- Parliament Speaker Andrian Candu and Prime Minister Pavel Filip presented the main achievements of the government since the beginning of the year, as well as the priorities for the next period, at a meeting with the diplomatic corps accredited to Moldova, the parliament’s communication and public relations department has reported.

Candu approached the projects adopted in accordance with the commitments made in the negotiations with the foreign partners, as well as the laws that come to support the business environment, to consolidate the rule of law, democracy and Moldovans.

The speaker and the premier referred to measures to improve the business climate, including reducing the number of permissive acts, simplified financial reporting, and limiting control authorities to tax, customs and regulatory institutions for regulated areas, such as banking or energy.

At the same time, following the amendments to the legislation, criminal punishment for companies at first offense is still excluded, fast and voluntary resolution of difficulties is encouraged, etc. Thus, Moldova has entered a qualitatively new phase of economic liberalization of the market and stimulation of fair competition.

They tackled the additional measures adopted to strengthen the competitiveness of Moldovan companies and companies that will boost the exit of local businesses from the underground.

Officials have reported an 18% reduction in the social security contribution for employers, the introduction of a 12% single tax for employees, an increase in personal exemption to cover the minimum subsistence level.

Referring to the voluntary declaration of capital and assets, officials noted that this would be done by paying a 3% tax to the state. These measures will help increase the tax base. The law regulating voluntary declaration of assets includes mechanisms to prevent and combat money laundering and terrorist financing, in line with best international practice. At the same time, the law excludes certain categories of citizens as well as those who are or will be found to be involved in bank fraud. Also, a number of currency repatriation facilities and other benefits of external transactions have been adopted.

The officials approached the laws in financial-banking, security, media sectors, the over 400 amendments to the legislation adopted after cooperation with the Gagauz authorities, the integrity package and the fight against corruption.