Monday 09:15

Republic of Moldova
Foto: shutterstock.com/ro
The annual report of the Court of Accounts shows an alarming economic situation in the Republic of Moldova, with a real growth of only 0.1% and a budget deficit of 13 billion lei. Public debt has increased by 15.9%, while capital investments are only realized at a rate of 56%. Canceled projects and the lack of transparency in expenditures highlight administrative chaos. External assistance has significantly decreased, and spending in education has not yielded results. The Court of Accounts uses the term "empty reserves" to mask an economic collapse, emphasizing the lack of responsibility in managing public funds.