Government pledges €4 billion in investments. Experts explain how the funds can be secured
The new government promises to attract significant investments totaling four billion euros, including contributions from the diaspora. Economic expert Marin Gospodarenco suggests that this is achievable by providing guarantees from European institutions. Additionally, he mentioned on the "Zi de Zi" show on Radio Moldova that creating simple, secure platforms could further help attract these financial resources.
According to economist Marin Gospodarenco, investment guarantees by European institutions are a tool successfully used in several countries. At the same time, citizens abroad could establish start-ups or invest in green energy, modern agriculture, or local projects through simple, secure platforms.
"For some, the motivation is not only profit, but also the desire to contribute to the development of our state or hometown. And the state should, at the same time, transform it into an economic partnership. It is realistic, yes, gradually, I think, but no one will invest millions in the first stage, but if the first projects are managed and correctly and provide visible results - trust will naturally multiply, I think," said Marin Gospodarenco.
Regarding the prime minister-designate's promise to ensure annual economic growth of 5-6 percent, the economic expert emphasizes that it must be taken into account that the country's economy is very dependent on agriculture and consumption. Another impediment is the acute shortage of labor.
"To achieve a fairly solid growth, based on investments and productivity, our state must shift the emphasis from consumption to competitive production and export. Agriculture must become a modern industry, connected to processes and exports, not a survival activity like it is in our country. Sectors such as energy, information technologies, construction and manufacturing industries can become the engines of an economy. If it is clear that the Government offers predictability, infrastructure and accessible financing", the economic expert mentioned.
We remind you that in addition to massive investments and an annual economic growth of 5 or 6%, the government program proposed by the designated Prime Minister Alexandru Munteanu provides that the minimum wage will be 10,000 lei, and the average wage will be 25,000 lei. According to experts, it is not clear exactly how these objectives will be achieved in the context of a precarious economic situation and security vulnerabilities.
