Deficit of Moldova Budget Coincides with IMF Indicators
OREANDA-NEWS. June 08, 2010. This was announced by the Minister of Finance Veaceslav Negrutsa telling about the budget parameters at the first meeting of the National Committee on financial stability, which was held on Friday by the Prime Minister Vladimir Filat.
The Minister of Finance said that there is a positive trend at the state securities market and the rates have slightly declined. Veaceslav Negruta noted good cooperative relations between the commercial banks, stressing that over the past few months it was possible to solve many problems, including the provision of electronic tax reports.
It was also noted that public finances coincide with the established parameters. For the first 5 months of this year, exports growth made 16%, imports - 14%. Vladimir Filat noted the necessity to find solutions for accumulation of additional funds to the budget, which should be directed to cover costs of budgetary institutions from the increasing tariffs. The prime minister noted that it is necessary to continue to regulate areas related to investment, as well as to provide the effective tax administration. He also demanded the report on implementation of stabilization and economic recovery program.
The prime minister stressed the importance of holding meetings of the committee to discuss trends and existing problems in the field of economy and finance. The National Committee for financial stability was created by the governmental decree on May 26, 2010. The objective of the committee is to manage financial crises as well as provide a firm link between public authorities responsible for regulation and control of the financial sector.
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