Moldova has become "an island of security" for foreign investors during the global economic crisis. This was announced by First Deputy Premier, Minister of Economy and Trade Igor Dodon, RIA Novosti.
According to Dodona, in the republic almost no speculative capital that could provoke a crisis. In addition, the Government and the Central Bank increased its reserves for commercial banks and the refinancing rate on loans. "The clear and consistent line of conduct of all branches of government of Moldova has helped keep the situation under control, in contrast to even the closest neighbors", - stressed the Minister.
It forecast GDP growth in the country in 2008 to 6 per cent, that is one and a half times higher than in 2007. At the same time, inflation may be even lower than 10 per cent.
In addition, Dodon said that does not expect the return of Moldovan guest workers, whose remittances play a significant role in the economy at home. "In Europe we have less than 300 thousand native Moldavia and yet no one is not going to return," - he said. Regarding Russia, the Moldovan guest workers here, according to the minister, will be refocused on public projects, including construction of Olympic facilities in Sochi.
The global economic crisis has affected most countries in Eastern Europe. Almost all the States of the region in 2008, the decrease in GDP growth or even recession. Several nations, in particular, Ukraine and Hungary, in order to stabilize the financial system have been forced to seek assistance from the IMF.
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