ECONOMIC COUNCIL TO THE PRIME MINISTER OF THE RM

The Secretariat of the Economic Council to the Prime Minister is supported by the European Bank for Reconstruction and Development, funded by the UK Government’s Good Governance Fund
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Over 40 Million Lei in Annual Savings for Entrepreneurs Following Government Approval of the Sixth Deregulation Package

October 2, 2024 – Following the approval of a Government Decision, a series of unjustified bureaucratic actions that hindered entrepreneurs’ activities have been reduced. Among these, amendments are proposed to Annex No. 3 of Government Decision No. 360/1996 regarding state quality control in construction, with regards to the control over the use of public investments in construction, so that the control procedure applied to economic agents is carried out in accordance with Law No. 131/2012 on state control of entrepreneurial activity.

Furthermore, adjustments have been made to the Government Decision regarding the Register of Real Movable Guarantees. Thus, the exception granted to banks to simultaneously be both a pledge registrar and a creditor, if the pledgor has expressed their written consent, is also extended to credit organizations. Another modification aims to reduce risks and create a safer working environment for workers.

The Government has also simplified the reporting procedures regarding the state and use of mineral raw material resources to the Geology and Mineral Resources Agency and has eliminated requirements related to packaging manufactured in commercial units. This deregulation package estimates total savings of approximately 44 million lei per year for Moldovan entrepreneurs.

The changes were developed by the Ministry of Economic Development and Digitalization, with the support of the Economic Council Secretariat to the Prime Minister of the Republic of Moldova and the United Nations Development Programme.

The Secretariat of the Economic Council to the Prime Minister is supported by the European Bank for Reconstruction and Development, funded by the UK Government’s Good Governance Fund.

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