Moldovan premier invites business associations to discussion

Chisinau, 18 March /MOLDPRES/ - Prime Minister Ion Chicu today discussed with a group of business associations the issue on the effects of the evolution of the epidemiological situation on the national economy. The representatives of the business environment provided information about the impact of the restrictions imposed in the context of the spread of COVID-19 on the economic operators, the government’s communication and protocol department has reported.    

The participants in the meeting exchanged opinions on the way business people might be supported, in order to overcome the crisis triggered by the evolution of the COVID-19 epidemic with minimal losses.

„The extraordinary situation imposes extraordinary decisions. The crisis will generate losses for sure; yet, we together identify solutions to reduce the losses. Only by acting together, we will maintain the stability of the budgetary and fiscal system. For the moment, the collections in the budget are according to the norm, by 14 per cent higher against the same period of the year before. We must identify the needed policies and measures for minimizing the effects of this crisis,’’ Ion Chicu said.   

Finance Minister Serghei Puscuta unveiled a string of measures, meant to reduce the negative effects for business, among which the postponing of payments for the tax on income of the legal entities, extension of the term for submitting of declarations and reports, establishing a moratorium on state controls, decrease of the value added tax for the HoReCa sector, exempting some enterprises from the holding of compulsory audit of the financial situations, etc.    

Governor of the National Bank of Moldova (BNM) Octavian Armasu informed that there were sufficient reserves and BNM was set to adopt measures of monetary relaxation. Amendments were made to the normative framework, which allows the commercial banks a better flexibility in the crediting relations with  private people.