Tiraspol, 9 October. /Novosti Pridnestrovya/. The head of the government informed the president about the measures taken this year by the government, Supreme Council and central bank to maintain the real sector of the pridnestrovian economy and fulfil their social obligations. Martynov also spoke about the interim results that had been achieved, the president's press service reports.
According to the data voiced by Martynov, industrial production grew by 6.4% in the first eight months. Excluding the generation of power, this figure reaches 30.2%.
Sectoral growth is as follows: ferrous metallurgy by 2.1 times; light industry by 11%; chemical industry by20%-48%; electrical engineering, mechanical engineering and metalworking by 57%; manufacture of building materials by 14%. There was growth both in current and comparable prices.
The period in question also saw an increase in exports. The overall growth was 8% and 36%, excluding the energy exports.
"It is noteworthy that our exports to Russia increased by 1.5 times, taht is, by 51%. The total share of exports grew from 8% to 12%," noted Martynov.
There were positive trends observed in such fields as retail turnover (18%), food (20%) and non-food (17%) products.
Inflation in the past nine months amounted to 8.6%. The revenue of the consolidated budget increased by 56 million roubles, 15 million of which is tax revenues.
"In general, the Pridnestrovian economy has shown positive growth, accompanied by an increase in budget revenues and a decrease in the budget deficit. If the trends continue, for which there are prerequisites, the economic situation will stabilise," Martynov believes.
The president also inquired about the situation in the foreign exchange market. Martynov evaluated it as stable. Acccording to him, the situation in the cash market is balanced: there is enough foreign currency in exchange offices to fully meet consumer demand. With regard to non-cash transactions, this problem has yet to be resolved: there are certain priorities in financing foreign exchange contracts. The currency is allocated, first of all, for the purchase of essential goods — food and medicine.
Referring to the interdependence between devaluation and inflation processes, Krasnoselsky underscored the inadmissibility of speculations in this field.
"It is necessary to thwart all attempts by unscrupulous entrepreneurs to make a profit out of the processes that are taking place in the economy. Any price increase must be justified and grounded. Monitoring in this area is the responsibility of the Economic Crime Department and tax inspectors," the president recalled.
Krasnoselsky also touched upon the issue relating to the pace and prospects of creating new jobs. To date, their growth has been recorded in the agricultural sector, light and chemical industries, as well as in the private sector. The president instructed the prime minister to keep this aspect under personal control, analysing the impact of external and internal factors on the situation.
