Expert-Grup

Exploiting Useful Mineral Resources in the Republic of Moldova: A Gain or a Loss?

Politici de creștere economicăTuesday, 29 September 20209582 views

Automatically translated summary. The full text is available in Romanian.

An analysis of the extractive sector in the Republic of Moldova examines widely distributed useful mineral resources such as sand, clay and building stone. It looks at the sector's economic role, regulation, public revenues and environmental impact, in a country with few subsoil resources and no large extractive industry.

The study excludes oil, natural gas and solid fuels. It stresses that, although the sector is small, it is needed to supply housing, buildings and infrastructure, and that soil and climate remain the country's fundamental resources, so the way minerals are exploited matters greatly.

The paper has four chapters plus general conclusions and recommendations. The first covers the sector's contribution to gross value added, output, company indicators, foreign trade and Moldova's position in the Mining Contribution Index. The second reviews institutions, regulation and the allocation of subsoil use. The third analyses public revenues and expenditure, focusing on mineral resource taxes. The fourth addresses environmental damage, often irreversible, and sustainability, with estimates of when each type of mineral could be exhausted.