Moldova Mayors Seek More Powers to Attract Investments
EUR/MDL - 20.15 0.1317
USD/MDL - 17.21 0.4881
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
GOLD - 4,696.48 0.55%
EURUSD - 1.16 0%
BRENT - 117.29 13.73%
SP500 - 748.17 0.79%
SILVER - 87.64 0.36%
GAS - 2.77 8.88%

Mayors need more powers to attract investment – opinion

After the enlargement of localities, the key change should be not just a new administrative structure, but also the expansion of local authorities' powers. According to the chairwoman of the parliamentary commission for public administration and regional development, Liliana Iaconi, larger mayoralties should receive additional tools in the field of local tax policy, which will make it possible to increase the investment attractiveness of the territories.
Svetlana Rudenco Reading time: 1 minute
Link copied
Liliana Iaconi

This opinion was expressed by the parliamentarian in interview Logos Press.

Iaconi noted that it is about the possibility for mayors to make more flexible decisions, including granting tax exemptions or temporary derogations from the prime rates for investors.

“It is impossible to exist only by renting lands of the mayor’s office, especially since these lands are not so much anymore,” she emphasized.

According to the chairman of the profile commission, local authorities should have real tools for local economic development.

“For example, the mayor has land, has real estate. He attracts an investor – so give him the opportunity, if he attracted him, to exempt him for three years from 50% of corporate income tax. Give him the opportunity to subsidize five jobs. That is, there are certain tools that need to be thought through,” Yakoni noted.

At the same time, she noted that there is too little time left to prepare a full-fledged reform, which should come into force on January 1, 2027.



Реклама недоступна
Must Read*

We always appreciate your feedback!

Read also