UN Moldova Covid-19 Thematic Brief Migration
Covid-19 will have a considerable socio-economic impact in the Republic of Moldova over the coming years and Moldova’s migration profile will be a deciding factor in this regard. Four key issues stand out;
- Expected high levels of unemployment due to Covid-19 among the one third of the Moldovan citizens that live and work abroad, leading to high rates of returns increasing pressure on domestic job markets,
- Moldova’s migratory patterns have created a class of vulnerable family members left behind, many now cut off from remittances which for many is a principal source of disposable income,
- The serious challenges of retaining essential talent within Moldova’s domestic workforce, such as health-care professionals and educators, will weigh heavy on early recovery post-Covid-19,
- Moldovan economic growth is in part tied to consumption fueled by remittances, which also contributes to fiscal revenue. These financial flows (some 16% of GDP) are likely to decrease under Covid-19.