Finances

​3.5 MILLION FINES WERE IMPOSED FOR PASSIVE ELECTORAL CORRUPTION – CNA

​3.5 MILLION FINES WERE IMPOSED FOR PASSIVE ELECTORAL CORRUPTION – CNA
01 november, 2024

Fines amounting to 3.5 million lei have been imposed for passive corruption in elections. The National Anti-Corruption Center (NAC) said on Friday.

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MOLDOVA WILL DEPEND ON INTERNATIONAL FINANCIAL ASSISTANCE TO MEET ITS NEEDS

MOLDOVA WILL DEPEND ON INTERNATIONAL FINANCIAL ASSISTANCE TO MEET ITS NEEDS
31 octomber, 2024

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.

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FINANCE MINISTER DISCUSSED WITH THE NEW UN COORDINATOR THE DRAFT STATE BUDGET FOR 2025

FINANCE MINISTER DISCUSSED WITH THE NEW UN COORDINATOR THE DRAFT STATE BUDGET FOR 2025
31 octomber, 2024

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.

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EXPENDITURES OF THE STATE BUDGET OF MOLDOVA IN JANUARY-SEPTEMBER EXCEEDED REVENUES BY ALMOST 7.5 BILLION LEI (USD 417.7 BILLION)

EXPENDITURES OF THE STATE BUDGET OF MOLDOVA IN JANUARY-SEPTEMBER EXCEEDED REVENUES BY ALMOST 7.5 BILLION LEI (USD 417.7 BILLION)
30 octomber, 2024

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.

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EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS ANNOUNCED 24% INCREASE IN CAPACITY LIMIT FOR ELECTRICITY SUPPLIES TO UKRAINE AND MOLDOVA

EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS ANNOUNCED 24% INCREASE IN CAPACITY LIMIT FOR ELECTRICITY SUPPLIES TO UKRAINE AND MOLDOVA
30 octomber, 2024

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.

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TO RECEIVE COMPENSATION, CITIZENS MUST REGISTER ON SPECIAL PLATFORM

TO RECEIVE COMPENSATION, CITIZENS MUST REGISTER ON SPECIAL PLATFORM
29 octomber, 2024

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.

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U.S. TREASURY DEPARTMENT TO HELP MOLDOVAN COLLEAGUES INCREASE REVENUES

U.S. TREASURY DEPARTMENT TO HELP MOLDOVAN COLLEAGUES INCREASE REVENUES
28 octomber, 2024

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.

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NBM GOVERNOR ANCA DRAGU: INTEGRATION INTO THE EUROPEAN UNION IS A STRATEGIC PRIORITY FOR MOLDOVA

NBM GOVERNOR ANCA DRAGU: INTEGRATION INTO THE EUROPEAN UNION IS A STRATEGIC PRIORITY FOR MOLDOVA
28 octomber, 2024

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.

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ABOUT 39 MILLION USD TRANSFERRED TO MOLDOVA IN SEPTEMBER-OCTOBER TO BRIBE VOTERS

ABOUT 39 MILLION USD TRANSFERRED TO MOLDOVA IN SEPTEMBER-OCTOBER TO BRIBE VOTERS
24 octomber, 2024

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.

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ANCA DRAGU, NATIONAL BANK GOVERNOR, MET WITH REPRESENTATIVES OF U.S. TREASURY

ANCA DRAGU, NATIONAL BANK GOVERNOR, MET WITH REPRESENTATIVES OF U.S. TREASURY
24 octomber, 2024

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.

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​DEMAND FOR CURRENCY IN MOLDOVA WAS COVERED BY 96.3% IN SEPTEMBER

​DEMAND FOR CURRENCY IN MOLDOVA WAS COVERED BY 96.3% IN SEPTEMBER
22 octomber, 2024

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.

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LEADERSHIP OF FINANCE MINISTRY AND NATIONAL BANK PARTICIPATE IN ANNUAL MEETINGS OF IMF AND WB IN WASHINGTON, DC

LEADERSHIP OF FINANCE MINISTRY AND NATIONAL BANK PARTICIPATE IN ANNUAL MEETINGS OF IMF AND WB IN WASHINGTON, DC
21 octomber, 2024

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.

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​MAIB LEADERSHIP MEETS IN AMSTERDAM TO REVIEW STRATEGY

​MAIB LEADERSHIP MEETS IN AMSTERDAM TO REVIEW STRATEGY
18 octomber, 2024

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.

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REGULATOR ISSUES FIRST LICENSE FOR MANAGEMENT OF VOLUNTARY PENSION FUNDS IN MOLDOVA

REGULATOR ISSUES FIRST LICENSE FOR MANAGEMENT OF VOLUNTARY PENSION FUNDS IN MOLDOVA
17 octomber, 2024

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.

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MORE THAN THOUSAND FARMERS AFFECTED BY DROUGHT HAVE APPLIED FOR FINANCIAL ASSISTANCE FROM STATE

MORE THAN THOUSAND FARMERS AFFECTED BY DROUGHT HAVE APPLIED FOR FINANCIAL ASSISTANCE FROM STATE
15 octomber, 2024

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.

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BY ITS 200TH ANNIVERSARY IN 2027, PURCARI WINERIES EXPECTS TO GENERATE REVENUES OF 580-630 MLN. ROMANIAN LEI, 70% MORE THAN EXPECTED 370 MLN. LEI IN 2024

BY ITS 200TH ANNIVERSARY IN 2027, PURCARI WINERIES EXPECTS TO GENERATE REVENUES OF 580-630 MLN. ROMANIAN LEI, 70% MORE THAN EXPECTED 370 MLN. LEI IN 2024
15 octomber, 2024

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.

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FINANCE MINISTRY LAUNCHES INFORMATION CAMPAIGN ON MOLDOVA'S NEW TAX AND CUSTOMS POLICY FOR 2025

FINANCE MINISTRY LAUNCHES INFORMATION CAMPAIGN ON MOLDOVA
11 octomber, 2024

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.

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NATIONAL BANK'S FOREIGN EXCHANGE RESERVES ROSE BY MORE THAN USD 88 MILLION IN SEPTEMBER.- TO NEW RECORD LEVEL

NATIONAL BANK
08 octomber, 2024

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.

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PRESIDENTIAL CANDIDATE ANDREI NASTASE URGED PROSECUTOR GENERAL'S OFFICE TO CHECK MOLDOVA'S LENDING POLICY

PRESIDENTIAL CANDIDATE ANDREI NASTASE URGED PROSECUTOR GENERAL
07 octomber, 2024

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.

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​NATIONAL BANK OF MOLDOVA WILL DIGITIZE “GREEN CARD” IN TWO STAGES - UNTIL JANUARY 1, 2025

​NATIONAL BANK OF MOLDOVA WILL DIGITIZE “GREEN CARD” IN TWO STAGES - UNTIL JANUARY 1, 2025
03 octomber, 2024

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.

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