Finances
MINISTER OF ECONOMIC DEVELOPMENT AND DIGITALIZATION INVITES POLISH BUSINESS TO INVEST IN MOLDOVA
Minister of Economic Development and Digitalization Dumitru Alaiba invited Polish businesses to invest more boldly in Moldova. Alaiba said this during an online conversation with Polish Minister of Economic Development and Technology Krzysztof Paszyk, INFOTAG reports.
detailsMOLDOVA WILL HAVE ACCESS TO EUROPEAN FUNDS FOR REALIZATION OF PROJECTS IN THE FIELD OF EMPLOYMENT AND SOCIAL INNOVATIONS
Moldova will have access to European funds for the realization of projects in the field of employment and social innovations. As INFOTAG reports, the Parliament ratified on Thursday the Agreement with the EU on Moldova's participation in the Employment and Social Innovation (EaSI) component of the European Social Fund Plus (FSE+)
detailsGERMANY TO PROVIDE 15 MLN. EUROS TO IMPROVE WATER SUPPLY IN CENTRAL MOLDOVAN DISTRICTS
The German government will provide a grant of 15 million euros to improve water supply in the central districts of Moldova.
detailsACCESS TO SUBSIDIES FOR AGRICULTURAL PRODUCERS WILL BE SIMPLIFIED
The government has adopted a decree creating more favorable subsidy conditions for farmers.
detailsMOLDOVA WILL RECEIVE 6 MLN. EUROS TO IMPROVE ENERGY EFFICIENCY OF SOCIAL HOUSING
The Energy Efficiency and Environment Partnership in Eastern Europe (E5P) will provide Moldova with 6 million euros to improve energy efficiency in the construction and renovation of public social housing.
detailsNUMBER OF BANKNOTES IN MOLDOVA INCREASED IN 2023 BY 61.47 MILLION AND THEIR VALUE BY 4.310 BLN. LEI
At the end of 2023, Moldova had more than 1.408 billion currency notes in circulation worth 42.098 billion lei (2.338 billion dollars), compared to 1.346 billion worth 37.788 billion lei a year earlier. Such data were released by the National Bank, noting that small change coins (bans) are most in circulation - 960.2 million pieces. At the same time, the NBM also takes into account coins of 1 ban nominal value, which, according to its calculations, remain in circulation more than 71 million pieces, but are no longer used by anyone.
detailsPRESIDENT MAIA SANDU: BEING AN HONEST TAXPAYER MEANS PARTICIPATING IN THE MODERNIZATION OF THE COUNTRY
President Maia Sandu on Monday participated in the event “Honest Taxpayer – 2024” dedicated to the 34th anniversary of the Tax Service. According to INFOTAG, in her message, the head of state explained what an honest taxpayer means in the development of the country.
detailsMOLDOVA'S STATE BUDGET DEFICIT AT BEGINNING OF JUNE - OVER 4.8 BLN. LEI
Moldova's state budget revenues reached 25.669 billion lei (1.426 billion dollars) by early June. According to preliminary data from the Ministry of Finance, they exceeded the figures for the same period of 2023 by 1.429 billion lei or 5.9%.
detailsNATIONAL BANK PREPARES THE CALENDAR FOR TRANSFERRING MOST OF THE CURRENCY RESERVES FROM U.S. DOLLARS TO EUROS – NBM GOVERNOR ANCA DRAGU
By the fall of 2024, the National Bank of Moldova (NBM) will have a calendar for transferring most of the country's currency reserves into euros. As INFOTAG reports, this was announced on Wednesday evening on the TV channel Rlive by the NBM governor Anca Dragu.
details"FINANCIAL EDUCATION FOR ALL" CAMP OPENED FOR THE FIRST TIME FOR 50 YOUNG PEOPLE IN VADUL LUI VODA
The competition of those willing to participate in the camp "Financial Education for All" amounted to 10 people per place. The press service of the National Bank (NBM) and the Expert-Grup center selected 50 young people who will participate in the camp. On Thursday, they gathered in Vadul-lui-Voda, where they will be trained in competent money management for three days.
detailsNATIONAL BANK TO APPLY STRICTER REQUIREMENTS TO BANKS TO PREVENT SYSTEMIC RISKS
The National Bank of Moldova (NBM) will apply stricter requirements to commercial banks to prevent systemic risks. As INFOTAG reports, this was discussed on Tuesday at a meeting of the Parliamentary Commission for Economy, Budget and Finance.
detailsDEMAND FOR CURRENCY IN MOLDOVA IN MAY WAS COVERED BY SUPPLY OF INDIVIDUALS BY 90.1%
The net demand of economic agents of Moldova for currency in May was covered by the net supply of it by individuals by 90.1% against 88.2% a month earlier.
detailsMOLDOVA NEEDS TO EXPAND ACCESS TO EUROPEAN FUNDS AND INITIATIVES - DEPUTY PRIME MINISTER FOR EUROPEAN INTEGRATION
“Moldova needs to expand access to European funds and initiatives,” Deputy Prime Minister for European Integration Cristina Gherasimov stated on Friday after a meeting with representatives of the "Weimar Triangle" countries (Poland, Germany and France) in Chisinau.
detailsNATIONAL BANK KEEPS PRIME RATE UNCHANGED AT 3.6%
The Executive Committee of the National Bank of Moldova (NBM) has kept the prime rate at the same level - 3.60%. The press service of the NBM informed that the decision was taken in the context of extending the previously adopted measures of monetary policy stimulation, which will have an effect in subsequent periods.
detailsU.S. EMBASSY RECALLED ITS CONTRIBUTION TO SUPPORT REFUGEES FROM UKRAINE
The U.S. has provided nearly 520 million dollars since February 2022 to support Ukrainian refugees in the region, of which more than 136 million dollars have been directed to humanitarian efforts in the Republic of Moldova.
detailsMINISTRY OF ENERGY PUBLISHES PROPOSALS FOR BUDGET AND TAX POLICY FOR 2025
The Energy Ministry has made a number of proposals for the draft fiscal and customs policy for 2025, aimed at “stimulating renewable energy technologies and eventually decarbonizing the energy sector.”
detailsENERGOCOM RETURNED 300 MLN. LEI TO STATE BUDGET AND REPAID 100 MLN. EUROS FROM EBRD LOAN
Energocom company returned 300 million lei to the state budget by reducing its authorized capital. The company's press service reported that this amount is part of the financial means contributed during 2022.
detailsSTATE PROVIDED 81 MILLION LEI IN FREE LEGAL AID IN 2023
Guaranteed legal assistance was provided in 2023 in 59,705 cases, for which the state spent more than 81 million lei. According to INFOTAG, such data are presented in the report of the National Legal Aid Council (CNAJGS), approved by Parliament on Friday.
detailsPARLIAMENT VOTES TO INCREASE INDEPENDENCE OF NATIONAL BANK, OPPOSITION CRITICIZES PROJECT
On Thursday, the Parliament adopted in the first reading a law aimed at increasing the independence of the National Bank of Moldova (NBM). The draft was prepared by the NBM taking into account the IMF recommendations and Moldova's commitments under the Association Agreement with the EU.
detailsPARLIAMENT ENHANCES THE INDEPENDENCE OF THE NATIONAL BANK BY COMPLYING WITH EU REGULATIONS
The Parliament will increase the independence of the National Bank of Moldova (NBM) by complying with EU regulations. The Parliamentary Commission for Economy, Budget and Finance approved the relevant draft law on Wednesday, INFOTAG reports.
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