The Parliament adopted the Socio-Economic Development Forecast for 2024

The Supreme Council supported the Forecast of the socio-economic development of the republic for 2024 presented by the Government of the Pridnestrovian Moldavian Republic in the second final reading. The document assesses the dynamics of the development of the socio-economic situation in Pridnestrovie, as well as the tasks and priorities of socio-economic development outlined in the Development Strategy of the Pridnestrovian Moldavian Republic for 2019-2026. The forecast, noted in the Government, was made taking into account the preservation of a stable situation in the economy and industry of the republic. Taking into consideration the projected dynamics of prices for agricultural products as well as estimates of the harvest in 2024 the volume of gross output will increase by 2.3% compared to the expected figure for this year.

According to the Government's forecast, a slight decrease in foreign trade indicators is expected next year. Thus, the total foreign trade turnover may decrease by 8.4% by the estimate of 2023, including exports within 0.7%. A decline in volumes to 10.9% is forecasted for total imports. In general, it is possible to predict a slightly positive increase in economic development rates by 1.8% of GDP compared to the current year estimate in 2024, according to the Government.

As part of the projected GDP growth in 2024, it is expected to increase the maximum amount of state budget revenues to approximately 4260000 rubles. At the same time, the marginal budget expenditures may rise to 6421000 rubles. It was noted in the course of the plenary session that the main macroeconomic indicators have been adjusted in the event of a negative development of the situation in the foreign and domestic markets.

According to the Minister of Economic Development Sergey Obolonik, the document can serve to form a balanced and balanced law-in-draft "On the republican budget for 2024".

The Supreme Council voted for the adoption of the Socio-Economic Development Forecast for 2024 in the second final reading.