ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of October 18, 2010 No. 972

About the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024

According to the Law No. 179 of July 21, 2016 on small and medium scale enterprises (The official monitor of the Republic of Moldova, 2016, Art. No. 306-313, 651), for the purpose of mobilization human and attraction of financial resources of migrant workers – citizens of the Republic of Moldova for sustainable economic development of Moldova, DECIDES: the Government

1. Approve:

The program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024, according to appendix No. 1;

paragraph two of ceased to be valid;

institutional structure of Supervising committee of the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024, according to appendix No. 3.

2. Functions on accomplishment of the Program to assign to the Organization for development of the sector of small and medium scale enterprises coordinated by the Ministry of Economics.

3. Financial program implementation:

from budgetary financial resources – at initial stage of implementation of the Program;

by the financial means raised from foreign partners – at stage of development and promotion of the Program.

3-1. The financial activities within the Program are the scheme of the little significant help and fall under action of requirements of the Law No. 139 of June 15, 2012 on government assistance and the Regulations on the little significant help approved by the Resolution of the Plenum of Competition council No. 2 of August 30, 2013.

4. Ceased to be valid according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

5. To impose control over the implementation of this Resolution on the Ministry of Economics.

Prime Minister

Vladimir Filat

Countersigns: Minister of Finance

Vyacheslav Negrutsa

Appendix No. 1

to the Order of the Government of the Republic of Moldova of October 18, 2010 No. 972

The program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024

1. Determination of problem

The migratory phenomenon in the Republic of Moldova was registered, since the middle of the 90th years when most the companies suspended or limited the activities, kolkhozes were destroyed, the equipment became outdated and did not bring in the desirable income. Thereof the leakage of labor power and mass migration of the population in recent years increased.

At the same time the problems connected with underdevelopment of business activity, especially in the rural zone, and also, insignificant amount of the money transfers invested in national economy became obvious.

As a result of testings and researches number of prerequisites for involvement of the state and, respectively, approval by the Order of the Government of the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024 was revealed (further – the Program):

a) limited access to information resources about business development opportunities in the Republic of Moldova;

b) insufficiency of mechanisms on support of the beginning and business development;

c) the number of emigrants, mainly from the rural zone;

d) low level of entrepreneurial skills of potential entrepreneurs;

e) limited access of small and medium business to credit facilities;

f) lack of financial resources for the beginning of business;

g) the low level of development of small and medium scale enterprises (further – MSP), especially in the rural zone;

h) low amount of the money transfers invested in economy.

2. Purpose

The program is directed to mobilization human and attraction of financial resources of the population which voluntarily went abroad the Republic of Moldova (further – workers-migrants) for implementation of labor activity and sustainable development of economy of the Republic of Moldova.

3. Tasks

Enters tasks of the Program:

a) increase in level of informing workers-migrants from the Republic of Moldova and receivers of money transfers about business development opportunities in the homeland;

b) increase in level of entrepreneurial skills among workers-migrants and receivers of money transfers;

c) stimulation of the basis and development of small and medium scale enterprises by labor migrants and receivers of money transfers;

d) simplification of access for workers-migrants and receivers of money transfers to the financial resources necessary for the basis of development of MSP in the Republic of Moldova;

e) promotion of financial culture and savings;

4. Target group

Will take part in the Program:

a) workers-migrants from RM which left the countries for the purpose of implementation of labor activity which can document that financial resources which they own are received by money transfer;

b) the spouses/spouse and relatives of the first degree of relationship of workers - migrants.

5. Duration

Ceased to be valid according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

6. Criteria of the choice

Participation in the Program will become possible if the applicant corresponds to the main conditions:

a) is the worker-migrant from the Republic of Moldova, the spouse/spouse or the relative of the first degree of relationship – the receiver of money transfers;

b) is citizen of the Republic of Moldova;

c) wishes to begin own business in the Republic of Moldova or to develop already existing;

d) will be able to prove, having provided documents that financial resources are received by money transfer.

7. Implementation, coordination and control

The organization for development of the sector of small and medium scale enterprises (ODIMM) bears responsibility for implementation, coordination and monitoring of the actions provided in the Program.

Consideration and approval of requests for financing, monitoring and assessment of actions and procedure for accomplishment of the Program are performed by committee which part representatives of the interested bodies and organizations are (further - Supervising committee). The supervising committee convenes the regular meetings, as required, but at least once a quarter. The institutional structure of Supervising committee affirms the order of the Government, and its members affirm the order of the Minister of Economic Affairs.

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