Despite sufficient foreign exchange reserves, Moldova will depend on international financial assistance to meet its needs, World Bank (WB) economists say. The bank's new report on Moldova's economic outlook says that the budget deficit will remain high.

Finance Minister Viktoria Belous met the new UN coordinator in Moldova, Yeşim Oruç Caua. The minister thanked for the support provided through specialized agencies and successfully implemented development projects.

Moldova's state budget revenues reached 49.360bn lei by early October, up by 2.900bn lei or 6.2% compared to January-September 2023.

ENTSO-E, the European network of electricity transmission system operators, has announced a 24 percent increase in the capacity limit for electricity trade to Ukraine and the Republic of Moldova. The European Commission said the quota has been increased by 400 MW to 2,100 MW. The new quota will apply from December 1, reports said.

To receive compensation, citizens will have to register on the platform compensatii.gov.md. The registration will be open after November 1. The state secretary of the Ministry of Labor and Social Protection, Corina Ajder, said in an interview with Redio Moldova.

Finance Minister Victoria Belous met with a delegation of the U.S. Treasury Department headed by Assistant Secretary of State for Europe and Eurasia Brian McCauley. The press service of the Ministry of Finance informed that the meeting was held on the margins of the annual meetings of the IMF and the World Bank.

Reforms are fundamental for a stronger, more sustainable and more innovative Europe, said Anca Dragu, president of the National Bank of Moldova (NBM), speaking at the Regional Economic Outlook (REO) in Washington on Saturday. The bank's press service told INFOTAG that the event was dedicated to the economic prospects and general problems of Central, Eastern and Southeastern Europe.

The head of the Inspectorate General of Police (IGP), Viorel Cernauteanu, said that about 39 million dollars was transferred to Moldova for bribing voters in September-October. At a briefing on Thursday he said that this money came in two different ways - through an application to a Russian bank and through couriers.

Anca Dragu, Governor of the National Bank of Moldova (NBM), met in Washington with representatives of the U.S. Treasury. The press service of the NBM informed that the participants of the meeting discussed macroeconomic perspectives, as well as international sanctions.

The net demand of economic agents for currency in September was covered by the net supply of currency by individuals by 96.3% against 85.4% a month earlier. The press service of the National Bank of Moldova (NBM) reported that the net supply of currency from individuals decreased by 74.8 million dollars (20.3%) - to 294.2 million dollars, while the net demand of economic agents - by 126.7 million dollars (29.3%) - to 305.4 million dollars.

Finance Minister Victoria Belous with State Secretary Ion Gumene and the leadership of the National Bank of Moldova (NBM) are on a working visit to Washington, D.C., where they will participate in the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) on October 21-26.

The largest commercial bank in Moldova - maib organized a management meeting in Amsterdam to review the financial institution's development strategy. The bank's management board informed the INFOTAG agency that the retreat was attended by middle and senior managers, who also held a series of discussions with international leaders in banking and fintech.

The National Financial Market Commission (CNPF) has issued the first license to the company for the management of supplementary pension funds Aragonn Grup S. A. As the Commission informed, the founder of this company is the insurance company Asterra Grup S. A.

More than a thousand farmers affected by the drought have applied for financial assistance from the state. The Agency for Interventions and Payments in Agriculture (AIPA) announced this on Tuesday.

Purcari Wineries Group plans to generate revenues of 580-630 million Romanian lei in 2027, by the company's 200th anniversary, 70% more than the 370 million lei expected in 2024. Tthis was stated by Purcari Chairman of the Board of Directors Vasile Tofan at the presentation of the multi-year development strategy of Moldova's leading wine holding at the Bucharest Stock Exchange.

The Ministry of Finance together with the EU High Level Advisors Mission launched an information campaign on the new tax and customs policy for 2025, the press service of the Ministry informed.

The National Bank of Moldova's (NBM) currency reserves increased by 88.04 million dollars in September, exceeding 5.681 billion dollars by early October, a record high in the bank's history. The press service of the NBM informed that since the beginning of 2024 the currency reserves have increased by 228.7 mln. dollars.

Independent presidential candidate Andrei Nastase on Monday submitted a request to Prosecutor General Ion Munteanu, calling for "an urgent and detailed investigation into the management of all loans taken by Moldova both nationally and internationally in recent years." The politician wrote on social networks.

The digital format of the “Green Card” simplifies the process of obtaining insurance and increases its security level, according to the National Bank of Moldova (NBM). The NBM has set itself the task of digitizing this compulsory insurance for traveling by car to another country in two stages.

Anca Dragu, Governor of the National Bank of Moldova (NBM), told the participants of the international conference NewMoney Talks about investment opportunities of the Republic. The NBM press service told INFOTAG agency that she participated online in the forum held in Bucharest.