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ANRE HAS TO REVISE GAS TARIFFS - IDIS

ANRE HAS TO REVISE GAS TARIFFS - IDIS
16 january, 2018

Expert of the Institute of Development and Social Initiatives (IDIS) "Viitorul" Veaceslav Ionita presented his research on Monday, maintaining that the National Energy Regulatory Agency has to revise the natural gas tariffs.

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MOLDOVA TO BORROW US$20 MILLION FOR MODERNIZING PUBLIC SERVICES

MOLDOVA TO BORROW US$20 MILLION FOR MODERNIZING PUBLIC SERVICES
12 january, 2018

The Moldovan Government approved on Thursday the ratification of the agreement on providing financing by the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) for implementing the project "Public Service Modernization".

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EaP CIVIL SOCIETY FORUM ANNOUNCES CALL FOR PROPOSALS

EaP CIVIL SOCIETY FORUM ANNOUNCES CALL FOR PROPOSALS
12 january, 2018

The Secretariat of the Eastern Partnership Civil Society Forum announced about the launching of a call for proposals in order to support projects of the EaP CSF members, including Moldova, with a regional dimension that can contribute to achieving the mission and objectives of the EaP CSF.

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INFLATION IN MOLDOVA IN 2017 IS THREE-FOLD HIGHER THAN IN 2016

INFLATION IN MOLDOVA IN 2017 IS THREE-FOLD HIGHER THAN IN 2016
11 january, 2018

The consumer price index in Moldova accounted for 7.3% in 2017 against 2.4% a year before. The real figure proved to be much higher than the November forecast of the National Bank of Moldova, which expected maximum 6.5%.

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ANRE RAISES FUEL PRICES

ANRE RAISES FUEL PRICES
10 january, 2018

The National Energy Regulatory Agency (ANRE) has raised on Tuesday the price ceiling on gasoline by 0.68 lei per liter, while on diesel – by 0.6 lei.

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TRANSNISTRIAN 2018 BUDGET DEFICIT IS ALMOST EQUAL TO PLANNED REVENUES

TRANSNISTRIAN 2018 BUDGET DEFICIT IS ALMOST EQUAL TO PLANNED REVENUES
29 december, 2017

The unrecognized Transnistrian Moldovan republic will enter the new year with the adopted budget for the first time over the last several years. The budget law was signed by PMR president Vadim Krasnoselky on Thursday, despite the fact that the planned expenditures for 2018 are almost twice higher than revenues.

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EX-PREMIER IURIE LEANCA SAYS HE IS MOST INTERESTED IN SUCCESS OF BANK FRAUD INVESTIGATION

EX-PREMIER IURIE LEANCA SAYS HE IS MOST INTERESTED IN SUCCESS OF BANK FRAUD INVESTIGATION
28 december, 2017

Former Prime Minister Iurie Leanca said in an interview to Radio Free Europe that the investigation of the American Agency will help answering to all the questions about the theft of the century: how the machination was implemented, who were beneficiaries of credits and the most important – how to return the stolen money.

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NBM KEEPS MONETARY POLICY INSTRUMENT RATES UNCHANGED

NBM KEEPS MONETARY POLICY INSTRUMENT RATES UNCHANGED
28 december, 2017

The National Bank of Moldova Administrative Board decided to preserve the main monetary policy instrument rates unchanged on Wednesday.

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ROMANIAN BANK TO RAISE EFFICIENCY OF INVESTMENTS INTO VICTORIABANK

ROMANIAN BANK TO RAISE EFFICIENCY OF INVESTMENTS INTO VICTORIABANK
26 december, 2017

After buying Banca Transilvania, 39.2% shares of Moldova’s first private bank – Victoriabank in mid-January 2018, the buyer is planning to raise the efficiency of investments in digital field, in modern produce and crediting services, said Banca Transilvania Executive Director Omer Tetik.

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MOLDOVAN BUDGET REVENUES GREW 19.6%, EXPENDITURES – 7.6%

MOLDOVAN BUDGET REVENUES GREW 19.6%, EXPENDITURES – 7.6%
26 december, 2017

Revenues to the Moldovan State Budget as of the beginning of December accounted for 29,837 million lei (US$1,704 million), which is 4,884 million lei (19.6%) more than over the equivalent period of 2016.

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GOVERNMENT DECIDES ABOUT TWO INCREMENTS OF PENSIONS IN 2018…

GOVERNMENT DECIDES ABOUT TWO INCREMENTS OF PENSIONS IN 2018…
20 december, 2017

The Cabinet of Ministers approved two extraordinary stages of raising retirement pensions and disability pensions in 2018. The increment will affect people who reached pension age in the period of 2012 through March 31, 2017.

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EBRD PROVIDES A NEW LOAN TO MOBIASBANCA

EBRD PROVIDES A NEW LOAN TO MOBIASBANCA
18 december, 2017

The European Bank for Reconstruction and Development allocated to Moldovan daughter of the French financial group Societe Generale - Mobiasbanca an additional loan worth 20 million euros within the EU4Business-EBRD credit line.

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SOCIAL FUND EXPENDITURES ARE 26.3 MILLION LEI HIGHER THAN REVENUES

SOCIAL FUND EXPENDITURES ARE 26.3 MILLION LEI HIGHER THAN REVENUES
18 december, 2017

Revenues to the National Social Insurance Fund (CNAS) reached 16,046 million lei (US$876.8 million) as of the beginning of December, which is 90.8% of the plan for 2017. In comparison to the 11 months of 2016, revenues grew 2,629 billion lei.

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WORLD HAS TO SEEK ALTERNATIVE TO FINANCIAL CAPITALISM MODEL – INTERNATIONAL EXPERTS

WORLD HAS TO SEEK ALTERNATIVE TO FINANCIAL CAPITALISM MODEL – INTERNATIONAL EXPERTS
18 december, 2017

Experts from Moldova, France, Great Britain, Germany, Italy, Georgia, Sweden, Switzerland, Georgia and Russia participated at the Friday’s international conference “Financial Capitalism and its Alternatives”.

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TAX REVENUES TO BUDGET GREW 18.8%

TAX REVENUES TO BUDGET GREW 18.8%
13 december, 2017

Tax revenues to budgets of all levels reached 29.1 billion lei as of the beginning of December, exceeding revenues of equivalent period of 2016 by 4.6 billion lei (18.8%).

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NOVEMBER INFLATION IN MOLDOVA WAS TWICE LOWER THAN IN OCTOBER

NOVEMBER INFLATION IN MOLDOVA WAS TWICE LOWER THAN IN OCTOBER
12 december, 2017

Consumer price index accounted for 0.7% in November against 1.5% in October. According to the National Bureau of Statistics (NBS) the year to date inflation accounted for 6.8%, while since November 2015 till November 2016 - 7.3%.

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EIB TO PROVIDE CREDIT TO MOLDOVA FOR INTERCONNECTING MOLDOVAN AND ROMANIAN ENERGY SYSTEMS

EIB TO PROVIDE CREDIT TO MOLDOVA FOR INTERCONNECTING MOLDOVAN AND ROMANIAN ENERGY SYSTEMS
07 december, 2017

The Government approved on Wednesday the start of negotiations on signing the financing agreement on borrowing 80 million euros from the European Investment Bank for implementing the project of interconnecting the electric power networks of Moldova and Romania.

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OVER 4 BILLION LEI TO BE ALLOCATED FOR ROAD INFRASTRUCTURE DEVELOPMENT IN 2018 - MINISTER OF ECONOMY

OVER 4 BILLION LEI TO BE ALLOCATED FOR ROAD INFRASTRUCTURE DEVELOPMENT IN 2018 - MINISTER OF ECONOMY
07 december, 2017

In 2018, the sum allocated for Moldovan road infrastructure development will account for 4.1 billion lei, which is almost twice more than in 2017 (2.5 billion), said Deputy Premier, Minister of Economy and Infrastructure Octavian Calmic on Wednesday.

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INCREASE OF PURCHASES THROUGH CREDIT CARDS REDUCES ROLE OF SHADOW ECONOMY - IDIS VIITORUL

INCREASE OF PURCHASES THROUGH CREDIT CARDS REDUCES ROLE OF SHADOW ECONOMY - IDIS VIITORUL
07 december, 2017

veaceslav Ionita from the "Viitorul" [Future] Institute for Development and Social Initiatives (IDIS Viitorul), believes that the increase in number of purchases through credit cards leads to a significant reduction of the role of shadow economy in Moldova.

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NBM LOWERS BASE RATE BY 0.5%

NBM LOWERS BASE RATE BY 0.5%
06 december, 2017

As participants of the Moldovan capital market forecasted, the National Bank of Moldova Executive Committee lowered the main monetary policy instrument rates.

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