Finances
AUTHORITIES WILL TRY TO PAY PROMISED 100 MILLION LEI IN COMPENSATION TO FARMERS AS SOON AS POSSIBLE
The authorities will try to pay the promised 100 million lei in compensations to farmers as soon as possible. Deputy Prime Minister, Minister of Agriculture Vladimir Bolea said at a briefing on Monday that a relevant decree and a regulation on the distribution of compensations have already been worked out, which the government will approve this week.
detailsECONOMIST: OVER THE LAST FOUR YEARS, THE REAL INCOMES OF THE POPULATION HAVE GROWN ANNUALLY BY ABOUT 2.3%
Over the last four years, the real incomes of the population have grown annually by about 2.3%. As INFOTAG reports, this was stated by economist Veaceslav Ionitsa in his weekly program “Economic Analyses with Veaceslav Ionita”.
detailsGOVERNOR OF THE NATIONAL BANK: BANKING REFORMS IN MOLDOVA ARE IN LINE WITH THE BEST EUROPEAN PRACTICES
Banking reforms in Moldova correspond to the best European practices. As INFOTAG reports, this was stated by Anca Dragu, Governor of the National Bank of Moldova, during her speech within the 33rd Economic Forum in Karpacz (Poland), which takes place on September 3-5.
detailsTHE GOVERNMENT WILL ALLOCATE MORE THAN 4 MILLION LEI FOR THE RESTORATION OF INFRASTRUCTURE AFFECTED BY NATURAL DISASTERS.
The Moldovan government approved on Wednesday the allocation of over four million lei from the intervention fund for the restoration of infrastructure in settlements hit by heavy rains, landslides, hail and strong winds in the period from April 2023 to June 2024.
detailsNBM DELEGATION DISCUSSES VARIOUS ASPECTS OF BANKING SUPERVISION IN FRANKFURT
A delegation of the National Bank of Moldova (NBM), headed by Governor Anca Dragu, is participating on September 3-4 in a joint international conference of the European Central Bank and the European Banking Authority, which is taking place in Frankfurt.
detailsTHE NUMBER OF MILLIONAIRES IN MOLDOVA INCREASED BY ALMOST HALF IN 2023
Last year, 6,416 Moldovan citizens earned incomes of more than 1 million lei in comparison. As INFOTAG reports, this is almost one and a half times more than in 2022, when incomes of more than one million lei were declared by 4,810 individuals.
detailsBUREAU OF STATISTICS: REAL WAGES INCREASED BY 11.6%
Real wages in the second quarter of 2024 increased by 11.6% compared to the same period last year. As INFOTAG reports, such data was presented by the National Bureau of Statistics.
detailsNATIONAL BANK CONDUCTS TRAININGS TO ADJUST THE INSURANCE SECTOR TO THE EUROPEAN UNION STANDARDS
The National Bank of Moldova (NBM) is conducting trainings to bring the insurance sector of Moldova in line with the standards of the European Union. The press service of the NBM informed INFOTAG agency that the trainings are organized in cooperation with the European Union High Advisors Mission.
detailsEUROPEAN INVESTMENT BANK (EIB) TO GRANT MOLDOVA A LOAN FOR EXPANSION AND REFORESTATION
The European Investment Bank (EIB) will provide Moldova with a EUR 200 million loan for the expansion and reforestation of forests. As INFOTAG reports, the Parliamentary Commission for Foreign Policy and European Integration has approved the conclusion on the beginning of negotiations in this regard.
detailsGOVERNMENT NOT TO SELL STATE PORT IN GIURGIULESTI
The government is not selling the state port of Giurgiulesti. As INFOTAG reports, this was written in his telegram channel by government spokesman Daniel Voda in response to journalists' requests to comment on the situation around the port.
detailsVOLUME OF REMITTANCES TO MOLDOVA IN JULY - RECORD SINCE YEAR BEGINNING
The volume of money transfers to Moldova from abroad through banks in favor of individuals amounted to 154.34 million dollars in July, which is a record since the beginning of 2024.
detailsGOVERNMENT APPROVES LIST OF 612 PROJECTS OF THE PROGRAM “EUROPEAN VILLAGE”
The government on Wednesday approved a list of 612 projects selected by the program “European Village” for implementation in 2024. According to “INFOTAG”, the projects are included in a single document for 2022-2024 and the National Directorate for Regional and Local Development will start signing financing contracts with mayoralties.
detailsGOVERNMENT WILL ALLOCATE 100 MLN. LEI TO COMPENSATE FARMERS' LOSSES DUE TO DROUGHT
The government will allocate 100 million lei to compensate farmers' losses and will continue to seek resources to help them overcome the consequences of the drought. As INFOTAG reports, Prime Minister Dorin Recean said this at a meeting with farmers the previous day, favoring the elaboration of “long-term solutions”.
detailsNATIONAL BANK EXPLAINS "HOW TO AVOID OVER-INDEBTEDNESS"
"How to avoid excessive indebtedness" - this is the next, 14th topic of financial information that the National Bank of Moldova (NBM) presented on Tuesday for public awareness within the National Campaign of Financial Education.
details13 MOLDOVAN ASSOCIATIONS WILL RECEIVE GRANTS OF USD 9,000 EACH FOR "STRENGTHENING SOCIAL COHESION"
13 associations of indigenous peoples of the Republic of Moldova will receive grants of $9 thousand for "strengthening social cohesion". The support is provided within the framework of the project "Strengthening social cohesion through inclusive participation and citizen involvement", financed by the Swiss government.
detailsCONFEDERATIONS OF LABOR UNIONS AND EMPLOYERS PROPOSED THAT GOVERNMENT SET MINIMUM WAGE AT 6,000. LEI (USD 340)
To establish a minimum wage of 6 thousand lei (340 dollars) from January 1, 2025 was proposed by the confederation of trade unions and employers of Moldova. Their leadership believes that this is necessary to "ensure a constant and balanced increase in the minimum wage in the following years."
detailsMINISTRY OF FINANCE PLACED STATE SECURITIES FOR 1.075 BLN. LEI, HAVING OFFERED SECURITIES WORTH 1.79 BILLION LEI
The Ministry of Finance is trying to keep the yield of state securities (SS) stable by cutting off the bids of investors willing to buy securities with higher yields. At the auction on Tuesday, August 13, for this reason the Ministry managed to place SS for 1.075 billion lei, although in its offer it offered securities for a total amount of 1.79 billion lei.
detailsSWITZERLAND TO ALLOCATE USD 1.15 MLN. TO SUPPORT MOLDOVAN AGRICULTURE
The Swiss Agency for Development and Cooperation will allocate additional 1.15 million dollars to the project "Emergency support for agricultural producers in the conditions of socio-economic, climate and energy crisis," the Agriculture Ministry reproted, explaining that the project is implemented by the Food and Agriculture Organization of the United Nations (FAO).
detailsBUDGET REVENUES FROM CUSTOMS AMOUNTED TO 845 MILLION LEI LAST WEEK
The budget revenues administered by the Customs Service (CS) of Moldova amounted to 844.9 million lei last week (August 5-11) (107.2% of the planned control figure).
detailsNATIONAL BANK KEEPS PRIME RATE AT THE SAME LEVEL - 3.60%
The Executive Committee of the National Bank of Moldova (NBM) unanimously decided at Tuesday's meeting to keep the prime rate at the same level - 3.60%.
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