Salaries in the Republic of Moldova remain very low, study

News

photo source: imagine simbol

Posted by: trm.md

News / Economic

26 Feb. 2020 / 09:45

Salaries in the Republic of Moldova remain very low, study

The macroeconomic situation in the country, although more stable in the last two years, still hides more problems, shows the study: "The situation of employees in the Republic of Moldova: a structural crisis", presented by the Friedrich Ebert Stiftung Moldova Foundation (FES) in collaboration with Syndex from Romania, reports Radio Moldova.

In the Republic of Moldova, which is a small country, the economic discrepancies between different districts and the capital are very large, said Stefan Goga, the main consultant of the company that carried out the study.

“We have a very strong economy dependent on the money that comes from abroad. We have an economy that is very dependent on agriculture and this dependency is growing. If we talk at the level of Chisinau and the other regions of the country, we have some absolutely huge gaps. Investors coming to countries like the Republic of Moldova are interested in the very low cost of working force,” said Stefan Goga.

One problem for the labor market in the Republic of Moldova is the fact that many people go abroad, most often they are highly qualified young people, which is one of the problems affecting the country's economy.

TRM.MD recalls that the study presents an overview of the last few years, with reference to the economic development of the Republic of Moldova. According to the study, even though the wages have increased in the last three to four years by about 10%, however, the minimum and average wage in the country is the lowest in Europe.

Show Comments

Latest News

Over 70 domestic entrepreneurs exhibited their products at the "Cămara Fest" fair

News / Economic

27 Nov. 2022 / 21:16

News

Latest News

Over 70 domestic entrepreneurs exhibited their products at the "Cămara Fest" fair

The Anticorruption Prosecutor's Office appealed to the Supreme Court of Justice on the case of Igor Dodon

Exhibition-fair of exotic birds at Soroca Citadel

PAS National Council meets to discuss the strategy for the local elections

Environment Agency recommends the use of alternative means of transport to reduce the level of air pollution

Bogdan Aurescu and Antony Blinken will discuss Romania's support to the Republic of Moldova

Snow to blanket Kyiv from Sunday as power still in short supply

Maia Sandu’s message to farmers: Let's make the brand "Made in Moldova" a natural thing on the world markets