Measures of the Economy Resuscitation

Toward the close of the outgoing year in the history of parliament a number of important decisions in the economic sphere was adopted. It supported the proposal of the President for another year to extend the rule of law, according to which JSC "Energocapital" is engaged in realization of electric power to Moldova would be obliged to sell to the state in the face of the central bank authorized 100% of foreign exchange earnings. The contract for the supply of its concluded before 1 April 2017.

According to established practice, the calculated level of the minimum wage, based on which are determined by the sizes of salaries, pensions, allowances, payment of fines, determined by the law on the national budget. Not always, for various reasons, it shall take effect from the beginning of the new fiscal year. So it was in 2013, so it will be in 2017. In this regard, as well as the need to finance the state treasury expenses, including for socially protected items at the beginning of next year, the President considers it necessary to make changes to the existing legislation. They are provided at a different procedure for the establishment of minimum wage in the Republic, including in other legislation, not only in the law on the national budget. This initiative has the unanimous support of Deputies. In the first quarter of 2017 the budget will be financed at the rate of ¼ spending the first three months of 2016.

Deputies also supported and adopted in the final reading a law, aimed at supporting enterprises garment industry. We are talking about reducing the rate for work on tolling scheme to one, earlier it was 1.7. While such a rule will be valid for next year. If necessary, it will be extended.