Finances

EU PROVIDES 87 MILLION EUROS TO MOLDOVA FOR OVERCOMING CORONAVIRUS CRISIS

EU PROVIDES 87 MILLION EUROS TO MOLDOVA FOR OVERCOMING CORONAVIRUS CRISIS
10 april, 2020

The Republic of Moldova will receive 87 million euros from the European Union to support immediate and short-term needs for overcoming the crisis, which occurred due to the coronavirus pandemic.

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MOLDOVAN ECONOMY WILL START RECOVERING IN 3Q2020 – WORLD BANK

MOLDOVAN ECONOMY WILL START RECOVERING IN 3Q2020 – WORLD BANK
09 april, 2020

The Moldovan economy will begin a gradual recovery starting from the third quarter of 2020 onwards, says the World Bank report, whose experts forecast economic decline in Moldova, as well as in other countries, this year.

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INVESTMENTS IN INFRASTRUCTURE CONTRIBUTE TO ADDRESSING CRISIS – PREMIER ADVISOR

INVESTMENTS IN INFRASTRUCTURE CONTRIBUTE TO ADDRESSING CRISIS – PREMIER ADVISOR
09 april, 2020

Considerable state investments in infrastructure will help Moldova overcome the economic crisis, which will occur after the Covid-19 pandemic, said Advisor to Prime Minister Oleg Tofilat at the Wednesday’s virtual conference, organized by the Expert-Grup analytical center.

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NBM HARD-CURRENCY RESERVE FELL US$76.7 MILLION IN FEBRUARY

NBM HARD-CURRENCY RESERVE FELL US$76.7 MILLION IN FEBRUARY
08 april, 2020

The official reserve of the National Bank of Moldova keeps falling for the third consecutive month. As of the beginning of April, it accounted for US$2,948 million, falling US$76.69 million over a month and almost US$111 million year to date.

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MOLDOVAN WINE EXPORTS MAY HALVE DUE TO CORONAVIRUS – NVWO

MOLDOVAN WINE EXPORTS MAY HALVE DUE TO CORONAVIRUS – NVWO
07 april, 2020

The exports of Moldovan winemaking produce this year may fall due to the Covid-19 pandemic by 30%, or even 50% against the 2019, supposed the National Vine and Wine Office.

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BALTI MAYOR DECIDES TO PAY US$1,000 PER MONTH TO ALL DOCTORS TREATING CoV PATIENTS

BALTI MAYOR DECIDES TO PAY US$1,000 PER MONTH TO ALL DOCTORS TREATING CoV PATIENTS
07 april, 2020

Starting from this April 1, Mayor of Balti city Renato Usatii will be personally paying US$1,000 a month to each medical doctor taking part in the ongoing battle against the novel coronavirus.

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NBM RECOMMENDS TO BANKS TO REFRAIN FROM PAYING DIVIDENDS UNTIL OCTOBER

NBM RECOMMENDS TO BANKS TO REFRAIN FROM PAYING DIVIDENDS UNTIL OCTOBER
06 april, 2020

At an extraordinary sitting, the National Bank of Moldova Executive Committee decided to recommend Moldovan banks to refrain from payment of 2019 dividends to shareholders until September 30.

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MOLDOVAN LEU EXCHANGE RATE STARTS TO REGAIN LOST POSITIONS – DEALERS

MOLDOVAN LEU EXCHANGE RATE STARTS TO REGAIN LOST POSITIONS – DEALERS
03 april, 2020

The Moldovan leu rate will soon regain the ground lost to the US dollar and the Euro, maintain currency market dealers.

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IGOR DODON SAYS GOVERNMENT IS FORECASTING BUDGET DEFICIT OF 5-8 BILLION LEI IN 2020

IGOR DODON SAYS GOVERNMENT IS FORECASTING BUDGET DEFICIT OF 5-8 BILLION LEI IN 2020
03 april, 2020

Moldova will not reach the 3.7% of GDP, planned in the Law on the 2020 State Budget, said President Igor Dodon in his traditional live communication with citizens.

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ANTI-CRISIS FUND IS NECESSARY FOR PROPER DISTRIBUTION OF STATE FUNDS – DA PLATFORM DEPUTY CHAIRMAN

ANTI-CRISIS FUND IS NECESSARY FOR PROPER DISTRIBUTION OF STATE FUNDS – DA PLATFORM DEPUTY CHAIRMAN
02 april, 2020

Deputy Chairman of the “Demnitate si Adevar” [DA, “Dignity and Justice”] Platform party Igor Munteanu maintains that the only way out in the current crisis situation for authorities is a clear anti-crisis action plan with a separate fund (budget), approved by the Parliament.

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MOLDOVA’S EXTERNAL BRUT DEBT REACHED US$7.54 BILLION AS OF JANUARY 1

MOLDOVA’S EXTERNAL BRUT DEBT REACHED US$7.54 BILLION AS OF JANUARY 1
01 april, 2020

The Moldova’s external brut debt grew US$81 million over 2019, reported the National Bank of Moldova (NBM).

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AIPA RECEIVES 470 APPLICATIONS FOR SUBSIDIES WORTH US$4.8 MILLION

AIPA RECEIVES 470 APPLICATIONS FOR SUBSIDIES WORTH US$4.8 MILLION
01 april, 2020

The Agency for Interventions and Payments in Agriculture (AIPA) received 470 applications for providing subsidies with total worth of 88.8 million lei since early February.

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AMENDMENTS TO STATE BUDGET TO BE AIMED AT ENSURING NECESSARY PAYMENTS UNTIL END OF 2020 - MINISTER

AMENDMENTS TO STATE BUDGET TO BE AIMED AT ENSURING NECESSARY PAYMENTS UNTIL END OF 2020 - MINISTER
31 march, 2020

“Soon the Government will present to the Parliament a draft law on making changes to the Law on the State Budget. These are directed to ensuring all the necessary payments for the entire budget year”, said Deputy Premier, Minister of Finance Sergiu Puscuta.

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EUROPEAN COMMISSION TO PROVIDE 140 MILLION EUROS TO EaP COUNTRIES

EUROPEAN COMMISSION TO PROVIDE 140 MILLION EUROS TO EaP COUNTRIES
31 march, 2020

The European Commission decided on Monday to allocate 140 million euros to the Eastern Partnership countries, including Moldova.

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PREMIER ENERGY AND PREMIER ENERGY DISTRIBUTION MAY ADDRESS TO ECHR ON CAHUL CASE

PREMIER ENERGY AND PREMIER ENERGY DISTRIBUTION MAY ADDRESS TO ECHR ON CAHUL CASE
27 march, 2020

Head of the Premier Energy representation in Moldova Jose Luis Gomez Pascual said that the company may address to the European Court of Human Rights for protecting its right to fair trial, if the position of the court on civil case in Cahul against the company does not change.

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IGOR DODON REDUCES EXPENDITURES ON PRESIDENTIAL ADMINISTRATION

IGOR DODON REDUCES EXPENDITURES ON PRESIDENTIAL ADMINISTRATION
27 march, 2020

President Igor Dodon has announced reduction of expenditures for the Presidential Administration due to the COVID-19 pandemic.

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GOVERNMENT APPROVES AMENDMENTS TO LAW ON SUBSIDIES IN AGRICULTURE

GOVERNMENT APPROVES AMENDMENTS TO LAW ON SUBSIDIES IN AGRICULTURE
26 march, 2020

Government approves draft law on making changes to the Law on principles of subsidizing agriculture at the Wednesday's sitting.

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OP LEADER CALLS ALL PARTIES TO SACRIFICE THEIR BUDGET SUBSIDIES FOR COMBATING COVID-19

OP LEADER CALLS ALL PARTIES TO SACRIFICE THEIR BUDGET SUBSIDIES FOR COMBATING COVID-19
23 march, 2020

Renato Usatii, leader of the Partidul Nostru (Our Party, OP) and the Mayor of Moldova’s second largest city of Balti, has called on all Moldovan political forces to sacrifice all the money, due to be supplied to them from the State Budget, for struggle against the coronavirus disease.

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NBM APPROVES MEASURES ON SUPPORTING BANK CREDIT CONSUMERS DURING STATE OF EMERGENCY

NBM APPROVES MEASURES ON SUPPORTING BANK CREDIT CONSUMERS DURING STATE OF EMERGENCY
19 march, 2020

The National Bank of Moldova (NBM) Executive Committee took the decision which allows licensed banks flexibly administrating payment liabilities of physical persons, who face difficulties on paying for contract credits, in condition of the state of emergency.

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MoF ASKS COMMERCIAL BANKS TO POSTPONE PAYMENTS ON CREDITS FOR CITIZENS

MoF ASKS COMMERCIAL BANKS TO POSTPONE PAYMENTS ON CREDITS FOR CITIZENS
18 march, 2020

The Ministry of Finance called on Moldovan banks to study the possibility of suspending or postponement of the payments on credits, provided to citizens, for the period of January-May.

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