Direct foreign investments in the economy of the Republic of Moldova

After the proclamation of the independence of the republic and the beginning of economic reforms in order to ensure the transition to markets, the economy and government began to pay special attention to attracting investment in the country’s economy. The legislative basis for this was the Law on Foreign Investments. It was adopted by Parliament in 1992. Later, in 2004, the Law on Investments in Entrepreneurship was adopted.

Over the past ten years, the government has taken steps to attract direct investment in the economy of the republic. Due to this, in the last decade foreign direct investments in the economy of Moldova, including in absolute volume, and in the specific weight in the domestic gross product. In 2009, foreign direct investment accounted for about 1.6% of Moldova’s GDP.

Continue reading “Direct foreign investments in the economy of the Republic of Moldova”

Advertisements