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Politics freezes regional development

Financial investment resources for the regional development and politically allocated and not to people's needs. This creates discrepancies in the economic advance of the country's regions. This is the opinion expressed by IDIS Viitorul experts, Iurie Gotisan and Ion Tornea in the program "60 minutes of economic realism".

Interests prevail, and the most of the investment and financial resources in the country is concentrated in Chisinau. Therefore, the policy of the state is important for money channelling money and the investments in regions of the country who need to develop and increase the standard of living of the population.

According to Gotisan, Moldova is at the bottom of the top on regional development fund size - 0.3% of GDP, while in Macedonia or Albania it exceeds 1% of GDP. In Moldova, agriculture is the most important sector for most districts in the country and the most investments are concentrated in Chisinau and Balti.

In turn, Ion Tornea claims that the amounts allocated for regional development are insignificant compared to EU member states, where funding volume amounts to one-third of GDP. It is SMEs supporting, innovation, environment, enterprise development, while in Moldova the money is directed for infrastructure rehabilitation.

"The priority for the EU is creating jobs, and in Moldova the focus is put on infrastructure development. Regional development policies should be integrated into broader policies of the state, but we can not implement without power and without potential. Regional Development Fund is insufficient for the balanced development of regions", concluded Tornea.

The entire show can be watched here

For more details, please contact the Press officer of IDIS "Viitorul", Victor Ursu: or by phone 069 017 396.

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