The economic growth – is the cornerstone

Parliamentary initiative "On additional measures to stabilize the economy of PMR" is one of the issues on the agenda of the meeting of the Committee on Economy. It is recommended to be adopted in the first reading and will shortly be discussed in the plenary session. Designed by Alexander Korshunov and Peter Pasat law-in-draft was introduced by the Supreme Council in April this year in parallel with the presidential initiative. The main difference in the documents is that the President proposed to minimize the effects of the negative impact of external factors, and the deputies make economic growth the cornerstone.

Parliamentarians consider that it is fundamentally wrong to write off all the economic ills of Pridnestrovie exclusively on the impact of external factors. Inner nature gaps create not less problems, but simply lend themselves to adjustment. Deputies note the relationship with the economic structural imbalance recession. What to say about 35% tax burden and a half times allowed for developing countries performance standards. Planned spending of the state are incommensurate with the real possibilities - about 40% of GDP, while economic theory and international practice not to exceed 25%. The level of development of our economy is among the lowest in the CIS. GDP per capita - is about 2200 dollars. There are only 101 workers per 100 pension recipients. State employees make 47% of the employed population. The contribution of small business in GDP of the republic is only 10-12%. The Republic needs two billion dollars of investment, but achieve 120th place in the international ranking of investment appeal.

Parliamentary version of anti-crisis measures developers are sure that they should be focused on GDP growth in the real economy and the optimization of public spending. It is necessary for this to improve the investment climate, structural reforms in the public sector, improve the quality of governance. Proposals for the growth of the tax burden, strengthening the administrative burden on businesses, the proposed restrictions entrepreneurship increase the already high risks of investing in the economy.

Developers of the law-in-draft consider it appropriate to give the government the power to regulate the raising factor to the basic rate of tax on income for the operational management of fiscal matters in the manufacturing sector. A five-year exemption from paying was proposed for newly created production plants. With regard to support for small and medium-sized businesses, the initiative involves the simplification of the taxation system and management of accounting (there is no need, for example, to take the statistical reporting). Significant anti-crisis tool seems to legislators and the strengthening of control over the activities of enterprises that receive state support. Innovations in the sphere of social policy include the introduction of a temporary mechanism for regulating the prices of some food products. The minimum wage, according to the authors of the initiative should be fixed at the same level since the beginning of the end of next year.

The complex of these measures has been formed by parliamentarians on the results of extensive consultation with a wide range of divers specialists, representatives of state agencies and the business community.

Recommended profile parliamentary committee bailout bill is intended to bring the economy out of stagnation of the republic, to stabilize and further improve the situation. The document is open to improvement. The subjects of the legislative initiative already offer their amendments. Not yet received, however, the conclusion of the government. It may appear at the time of consideration of the bill by the Plenary.