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Finances

​IMF MISSION TO ARRIVE TO MOLDOVA LATER TODAY

​IMF MISSION TO ARRIVE TO MOLDOVA LATER TODAY
22 january, 2020

A mission of the International Monetary Fund, headed by Ruben Atoyan is coming to Chisinau on Wednesday with a two-week visit to analyze the recent economic events and the process of implementing the cooperation program, to evaluate the macroeconomic perspectives, as well as to discuss with the authorities the problems and risks the Moldovan economy is facing in mid-term perspective and solutions for these.

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SPECIAL ADMINISTRATION IN MICB EXTENDED TILL APRIL 20

SPECIAL ADMINISTRATION IN MICB EXTENDED TILL APRIL 20
21 january, 2020

The National Bank of Moldova extended the special administration in the Moldindconbank for three more months – till April 20.

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OPERATORS HAVE NOT INFORMED ANRE ABOUT FUEL PRICE RAISING YET

OPERATORS HAVE NOT INFORMED ANRE ABOUT FUEL PRICE RAISING YET
20 january, 2020

The National Energy Regulatory Agency has not received any notification about the decision to raise automotive fuel prices from petroleum product market operators.

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BANKRUPT BANKS RETURNED ONLY ONE-SIXTH OF NBM CREDITS OVER 4 YEARS

BANKRUPT BANKS RETURNED ONLY ONE-SIXTH OF NBM CREDITS OVER 4 YEARS
17 january, 2020

Since the recalling of licenses (November 16, 2015) till early 2020, the Banca de Economii, Banca Sociala and Unibank managed to return slightly more than 2,396 million lei of emergency credits worth 14,122 million lei, provided to them by the National Bank of Moldova under Government guarantees in November 2014 through October 2015.

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PGO’S RESPONSE ABOUT TURKISH TEACHERS IS A MOCKERY – PAS DEPUTY

PGO’S RESPONSE ABOUT TURKISH TEACHERS IS A MOCKERY – PAS DEPUTY
16 january, 2020

MP Sergiu Litvinenco said the answer at his request on the expulsion of Turkish teachers he received from the Prosecutor General’s Office is a mockery.

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DA PLATFORM CONCERNED ABOUT FORTHCOMING “DUBIOUS ROAD TENDERS”

DA PLATFORM CONCERNED ABOUT FORTHCOMING “DUBIOUS ROAD TENDERS”
16 january, 2020

The DA Platform party expressed concern about what is has perceived as “dubious tenders” the Ministry of Economy and Infrastructure is preparing to hold.

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PROGRESSIVE DOUBLE PENSION INDEXATION WAS EXCLUDED FROM BILL – PREMIER

PROGRESSIVE DOUBLE PENSION INDEXATION WAS EXCLUDED FROM BILL – PREMIER
15 january, 2020

The progressive double indexation of pensions in 2021-2022 was excluded from the draft law before the voting in the second reading at the request of the International Monetary Fund. This was stated to the press by Prime Minister Ion Chicu on Wednesday after the weekly meeting with President Igor Dodon and Speaker of the Parliament Zinaida Greceanii.

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JAPAN TO FUND BUYING MODERN EQUIPMENT FOR CHISINAU CHILDREN’S HOSPITAL

JAPAN TO FUND BUYING MODERN EQUIPMENT FOR CHISINAU CHILDREN’S HOSPITAL
15 january, 2020

The Municipal Clinical Hospital for Children #1 of Chisinau got the possibility to renew its medical equipment due to the financial assistance from the Japanese Government.

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​AMCHAM MOLDOVA WELCOMES AMENDMENTS TO LAW ON NONBANK CREDITING

​AMCHAM MOLDOVA WELCOMES AMENDMENTS TO LAW ON NONBANK CREDITING
14 january, 2020

The American Chamber of Commerce in Moldova gave positive conclusions to the amendments to the Law on nonbank crediting.

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MOLDOVA STILL HOPES TO GET THE RIGHT TO EXPORT CHICKEN AND EGGS TO EU

MOLDOVA STILL HOPES TO GET THE RIGHT TO EXPORT CHICKEN AND EGGS TO EU
14 january, 2020

Moldova will strengthen efforts on fulfilling the requirements of the roadmap for getting the right to export poultry meat and grade B eggs to the European Union. This was one of the topics, discussed at the working sitting, dedicated to the implementation of the 2019-2020document, held by State Secretary of the Ministry of Economy and Infrastructure Iuliana Dragalin on Monday.

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MOLDOVAN CURRENCY RESERVE GREW US$64.44 MILLION LAST YEAR

MOLDOVAN CURRENCY RESERVE GREW US$64.44 MILLION LAST YEAR
13 january, 2020

The official reserve of the National Bank of Moldova exceeded US$2,875 million as of the end of 2019.

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​NBM APPLIES MONETARY POLICY INSTRUMENTS TO LOWER INFLATION PRESSURE - OCTAVIAN ARMASU

​NBM APPLIES MONETARY POLICY INSTRUMENTS TO LOWER INFLATION PRESSURE - OCTAVIAN ARMASU
31 december, 2019

The National Bank of Moldova (NBM) is tracking and forecasting internal and external macroeconomic events and risks connected with the development of inflation in short-term and mid-term perspectives, thus fulfilling their legal mandate - ensuring and supporting the price stability.

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ANRE RAISES NATURAL GAS TRANSPORTATION TARIFF

ANRE RAISES NATURAL GAS TRANSPORTATION TARIFF
30 december, 2019

The Administrative Council of the National Energy Regulatory Agency approved the MoldovaTransGaz company’s request on raising the tariff for natural gas transportation. Thus, starting from January 2020 it will account for 276.41 lei per 1 thousand cubic meters instead of the current 32.32 lei.

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​MOLDOVA'S COOPERATION WITH EDB IS QUITE PROMISING - PRESIDENTIAL ADVISOR

​MOLDOVA
27 december, 2019

Presidential Advisor, economist Elena Gorelova said that Moldova needs cooperation with the Eurasian Development Bank due to insufficient own funds for implementing large investment projects.

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STANDING COMMITTEE RECOMMENDS NBM TO ALLOW FINCOMBANK REDEEMING ITS OWN SHARES

STANDING COMMITTEE RECOMMENDS NBM TO ALLOW FINCOMBANK REDEEMING ITS OWN SHARES
26 december, 2019

The parliamentary Standing Committee on Economy, Budget and Finance recommended on Tuesday to the National Bank of Moldova to allow the FinComBank participating in redemption of the new shares, issued by the latter.

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MoF AND NBM DEVELOP PROPOSALS FOR RELIEVING PRESSURE ON BUDGET AT REPAYING BONDS TO BANK

MoF AND NBM DEVELOP PROPOSALS FOR RELIEVING PRESSURE ON BUDGET AT REPAYING BONDS TO BANK
23 december, 2019

The Ministry of Finance and the National Bank of Moldova agreed on measures that should be taken for relieving the burden on state budget at repayment of government bonds and the interest rates on them to the bank, said Deputy Premier, Minister of Finance Sergiu Puscuta.

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FOREIGN INVESTORS ENUMERATE MAIN PROBLEMS IN MOLDOVA THAT DEMAND URGENT SOLUTIONS

FOREIGN INVESTORS ENUMERATE MAIN PROBLEMS IN MOLDOVA THAT DEMAND URGENT SOLUTIONS
19 december, 2019

The main goals the Moldovan authorities should resolve for creating a favorable investment climate are: judiciary reforming, building the supremacy of law, public sector digitization, insurance market de-monopolization, combating of corruption in educational institutions, improvement of public services, creation of a predictable activity environment.

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GOVERNMENT EXTENDS MORATORIUM ON CITIZENSHIP FOR INVESTMENTS

GOVERNMENT EXTENDS MORATORIUM ON CITIZENSHIP FOR INVESTMENTS
18 december, 2019

The Government decided on Tuesday to extend the moratorium on accepting applications on providing Moldovan citizenship in exchange for investments. The decision will enter into force on December 20.

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NBM AGAIN UPDATES HISTORICAL MAXIMUM OF ITS HARD-CURRENCY RESERVE

NBM AGAIN UPDATES HISTORICAL MAXIMUM OF ITS HARD-CURRENCY RESERVE
16 december, 2019

The official reserve of the National Bank of Moldova broke its previous record, exceeding US$3,064 million as of December 6.

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PAS DEMANDS TO RETURN ‘SOLIDARITY PROVISIONS’ TO DRAFT 2020 STATE BUDGET

PAS DEMANDS TO RETURN ‘SOLIDARITY PROVISIONS’ TO DRAFT 2020 STATE BUDGET
13 december, 2019

Parliamentarians from Maia Sandu’s Party of Action and Solidarity (PAS) are demanding to return to the draft 2020 State Budget the provisions, which were prepared by the Sandu Government and which were called the “solidarity budget”.

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