TRANSNISTRIA ASKING INTERNATIONAL HELP18.09.2007
Tiraspol. The self-proclaimed Transnistrian Moldovan Republic will address the international guarantors and observers - Russia and Ukraine, the European Union, the Organization for Security and Cooperation in Europe and the United States - with a request to render their material assistance to solve acute socio-economic problems in the region. Such order was made by Transnistrian leader Igor Smirnov at the yesterday's consultations on inflation-related issues.
Smirnov expressed a strong concern that the actual inflation rate exceeds projected indicators by so mach. By the beginning of August, for instance, prices in the region had grown by av. 15.81% against the 10% inflation rate projected for the whole year of 2007. In particular, foodstuffs became 14% more expensive, and utility and other services to households - by 31.94%.
Local economists mention several reasons causing such a rapid inflation, and first and foremost the unusually hard economic year and the devastating drought of the past summer that has stirred up a boom at the local food market.
Transnistrian regional bank chairman Alexei Melnik assured president Smirnov that the Transnistrian ruble's exchange rate shall not exceed 8.6 to a US$1. Presently, the rate is 8.44 to US$1.
Some time ago, Moldovan Prime Minister Vasile Tarlev stated Chisinau was ready to share with Transnistria the humanitarian assistance coming to the mainland Moldova from the international community and foreign governments to help alleviate the drought consequences - if only Tiraspol requests the help. However, Smirnov refused to beg anything.