Moldova's working group in charge of macroeconomic framework, fiscal policy, resources framework holds first meeting

Chisinau, 19 February /MOLDPRES/ - The participants in the first meeting of the working group in charge of the macroeconomic framework, fiscal policy and resources’ framework, held today, discussed such subjects as the preliminary forecast of the macroeconomic indicators for 2021-2023 and made proposals of fiscal policy for 2021.   

Deputy Prime Minister Serghei Puscuta, who chaired the meeting, unveiled several priorities of the fiscal policy for the next year and namely: simplification of the fiscal management, cutting of the costs of reporting and payment of taxes and duties; standardization of the fiscal regimes, as well as ensuring the predictability in the levying of taxes and duties. At the same time, Puscuta stressed the importance of this exercise for the subsequent approval of the Medium Term Budgetary Framework 2021-2023 and of the fiscal policy for the next year. “This exercise will help us come up with quite well through-out draft laws, the end beneficiaries of which will be the citizens of Moldova,” Puscuta noted.    

For his part, the state secretary at the Economics and Infrastructure Ministry, Iuliana Dragalin, said that the main engine of economic growth would be investments in 2020. “The increase of the Gross Domestic Product (GDP) will be stimulated by more factors, such as investments in infrastructure, maintaining the private consumption on an ascendant trend, launch of new projects within the Free Economic Zones, as well as the continuous turning to good account of opportunities provided by the international cooperation agreements,” Dragalin said.

At the meeting, the working group members made more proposals which are to be considered in the process of elaborating the Medium Term Budgetary Framework 2021-2023, as well as the document of fiscal policies for 2021.