The start of the political year 2014, which is an electoral one, was marked by the government’s failure to sign a new program with the International Monetary Fund, said the leader of the People’s Party of the Republic of Moldova (PPRM) Alexandru Oleinic. The politician considers that the election campaign and the competition between the ruling parties, which no longer fulfill their commitments, started, IPN reports.
In a communiqué, the PPRM says the government didn’t manage to sign a program with the International Monetary Fund as the macroeconomic and financial security wasn’t ensured. “The budgetary-fiscal policy continues to be an instrument for collecting budget revenues and does not contribute to economic development. The rise in the budget deficit represents a step in the opposite direction. The depreciation of the national currency has worsened the situation of a large part of the population – those for whom the salaries and pensions are the only source of income,” says the party.
According to Alexandru Oleinic, last October experts of the IMF underlined the importance of reforming the state institutions in a move to increase the efficiency of the public sector and improve the quality of the services provided for the population. “Regretfully, we continue to witness scandals around the tax policy, price rises, dubious privatization processes, etc.” he stated, adding that such a state of affairs is not in line with the principles of a democratic government that promised jobs and higher salaries, medical services of a higher quality and access to justice.
The PPRM considers that if the new program with the IMF is not agreed this month, Moldova risks missing large grants for development from donors and losing over 2 billion lei from the state budget.
