The economy is trying to overcome the crisis that started in 2014-2015 and began to recover, but not sufficiently to ensure decent living. The issue was developed in the talk show “Key issue” on NTV Moldova channel, IPN reports.
The President’s adviser on economic matters Elena Gorelova in the program said a particular improvement is seen in some of the macroeconomic indicators and the economic growth pace is restored, but this is not enough to ensure decent living conditions and to support the small and medium-sized businesses and farmers. “Surely, the people do not see these changes because they continue to leave the country en masse, especially the young generation, and this should generate answers to the question “What will be next?”, she stated.
According to Elena Gorelova, even if they manage to attract foreign investors, the Republic of Moldova will remain with a smaller skilled labor force. “Regrettably, alongside the export of goods, we export more and more labor force,” said the adviser.
Economy expert Veaceslav Ionita considers the economy is generally recovering. The depreciation of the leu in relation to foreign currencies struck exports. “I have never seen exports in the first half of the year to decline compared with the first half of the year. We have never had something like this. Exports usually grow,” said the expert, referring to the data for 2016.
Veaceslav Ionita also said that currently the economy cannot absorb larger sums of lei and the National Bank of Moldova has to freeze 40% of the money that are in commercial banks and to pay interest for this.
