The Socialists propose in Parliament the creation of the Investment and Modernization Bank of Moldova. Igor Dodon, Zinaida Greceanii, Petru Burduja, Marcel Cenusa, Bogdan Tsirdea, and Alla Darovannaia submit the initiative.
The proposal sets out that the state will hold 100% of the capital and that the Ministry of Finance will manage the institution. The share capital will amount to 500,000 lei, divided into 500,000 shares with a nominal value of 1,000 lei each.
The authors of the initiative argue that the new institution will facilitate and support long-term investments and will contribute to “sustainable economic growth.”
The Socialist Party (PSRM) registers the initiative in Parliament on May 28, and parliamentary committees will examine the document this week.