According to Munteanu, the decision was the result of coordinated work of state institutions: “Moldova is becoming more stable, more predictable and more respected”.
The prime minister specified that this is the best indicator in the last 25 years.
“For people, this means concrete things: more trust from investors, more favorable financing conditions, more chances for development, creation of jobs and implementation of projects in localities,” the prime minister said.
Energy sector – a pillar of credit rating growth
Energy Minister Dorin Jungietu also said that the increase in the rating is a confirmation of the effectiveness of the ongoing reforms, including transformations in the energy sector.
He said Moldova has demonstrated in recent years its ability to adapt to serious energy challenges, especially after the crisis caused by the war in Ukraine.
“I believe that the upgrade of the country’s credit rating is a clear recognition of the efforts of public institutions and our development partners. The energy sector has been at the center of this transformation: from dependence to diversification, from vulnerability to resilience. A higher rating of the country will facilitate the financing of new investments, including projects in the energy sector,” said Jungietu.
Recall that on Monday, April 6, the international rating agency Moody’s Ratings announced about the upgrading Moldova’s long-term credit rating in foreign and local currency from B3 to B2 with a stable outlook. The agency explained that the decision was due to “significant progress in strengthening state institutions and governance”.
