Finances

TRANSNISTRIA’S BANK FOR AGRICULTURAL DEVELOPMENT FINALLY LIQUIDATED

TRANSNISTRIA’S BANK FOR AGRICULTURAL DEVELOPMENT FINALLY LIQUIDATED
18 march, 2024

The Transnistrian Central Bank has reported the liquidation of the region’s Bank for Agricultural Development.

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INFLATION IN TRANSNISTRIA WAS 0.5% IN FEBRUARY, AND ANNUAL RATE – 4.5%

INFLATION IN TRANSNISTRIA WAS 0.5% IN FEBRUARY, AND ANNUAL RATE – 4.5%
18 march, 2024

In February, prices in Transnistria went up by an average of 0.5%.

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MoF PLACED 7-YEAR BONDS WORTH ONLY 1.6 MILLION LEI, THOUGH OFFERED TO INVESTORS WORTH 75 MILLION

MoF PLACED 7-YEAR BONDS WORTH ONLY 1.6 MILLION LEI, THOUGH OFFERED TO INVESTORS WORTH 75 MILLION
15 march, 2024

The Moldovan Ministry of Finance placed “long” seven-year government bonds to an amount of 1.6 million lei, although it offered these securities to investors for 75 million lei. According to the National Bank of Moldova (NBM), the floating annual interest rate on the bonds was 5.52%.

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RM STATE BUDGET WILL BE REPLENISHED BY 13 MILLION EUROS THANKS TO SWEDISH AND ITALIAN GRANTS

RM STATE BUDGET WILL BE REPLENISHED BY 13 MILLION EUROS THANKS TO SWEDISH AND ITALIAN GRANTS
15 march, 2024

On Thursday, the Moldovan Parliament approved in a first reading draft amendments to the Law on the 2024 State Budget.

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DORIN RECEAN EXPLAINED THE GROWTH OF THE STATE DEBT THROUGH INVESTMENTS IN DEVELOPMENT

DORIN RECEAN EXPLAINED THE GROWTH OF THE STATE DEBT THROUGH INVESTMENTS IN DEVELOPMENT
14 march, 2024

Prime Minister Dorin RecEan explains the growth of the state debt through investments in development. As reported by INFOTAG, on Thursday he presented to the parliament a report on the government's activities in 2023.

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EBRD STRENGTHENS MOLDOVA’S ENERGY INDEPENDENCE

EBRD STRENGTHENS MOLDOVA’S ENERGY INDEPENDENCE
14 march, 2024

The EBRD is lending €30.8 million to Moldova and its state-owned electricity company MoldElectrica to link the country’s network to that of its European Union neighbor, Romania, by constructing a high-voltage transmission line between the Moldovan city of Balti and the Romanian border, the EBRD press service reported.

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OPPOSITION MP MAINTAINS PAS GOVERNMENT DOES NOT WISH TO PUSH UP TAX ON BANKS’ INCOMES

OPPOSITION MP MAINTAINS PAS GOVERNMENT DOES NOT WISH TO PUSH UP TAX ON BANKS’ INCOMES
13 march, 2024

MP Oleg Reidman of the parliamentary opposition bloc of Communists and Socialists accused the PAS Government of unwillingness to increase the income tax on banks, “which earned super profits last 2 years.”

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NBM LAUNCHES INSTANT PAYMENT SAY

NBM LAUNCHES INSTANT PAYMENT SAY
12 march, 2024

The National Bank of Moldova (NBM) has developed and launched an instant payment system called “Mia Plati Instant”. On Tuesday, the central bank, in partnership with the USAID Moldova Institutional and Structural Reforms Activity (MISRA), held its presentation.
The system is available in financial institutions of Moldova, allowing its users - individuals and legal entities - to transfer money by phone number in less than 15 seconds, without paying commissions and regardless of the bank.

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PRICES IN MOLDOVA GREW BY 0.71% IN FEBRUARY

PRICES IN MOLDOVA GREW BY 0.71% IN FEBRUARY
11 march, 2024

The rate of inflation in Moldova was 0.71% in February, 1.51% for two months of the current year, and 4.31% annually (from February 2023 to February 2024), the National Statistics Bureau reported on Monday.

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CENTRAL BANK’S HARD-CURRENCY RESERVE SHRANK BY $6.68 MILLION IN FEBRUARY

CENTRAL BANK’S HARD-CURRENCY RESERVE SHRANK BY $6.68 MILLION IN FEBRUARY
11 march, 2024

The hard-currency reserve of the National Bank of Moldova (NBM) diminished in February by another $6.86 million – down to $5.39 billion as of March 1.

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ANDRAS BECSEI: OTP GROUP SUPPORTS COLLEAGUES IN MOLDOVA IN DIVERSIFICATION OF THEIR RETAIL PORTFOLIO

ANDRAS BECSEI: OTP GROUP SUPPORTS COLLEAGUES IN MOLDOVA IN DIVERSIFICATION OF THEIR RETAIL PORTFOLIO
07 march, 2024

Experts from the OTP Bank Nyrt Hungary support their colleagues from OTP Bank Moldova in diversifying their retail portfolio, said Andras Becsei, OTP Group Deputy Retail CEO.

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MINISTERUL FINANȚELOR A PLASAT OBLIGAȚIUNI DE STAT ÎN VALOARE DE 1,27 MILIARDE DE LEI ($71,5 MILIOANE), OBȚINÂND REDUCEREA RANDAMENTULUI PENTRU ACESTEA

MINISTERUL FINANȚELOR A PLASAT OBLIGAȚIUNI DE STAT ÎN VALOARE DE 1,27 MILIARDE DE LEI ($71,5 MILIOANE), OBȚINÂND REDUCEREA RANDAMENTULUI PENTRU ACESTEA
06 march, 2024

Emitentul de obligațiuni de stat - Ministerul Finanțelor - menține ferm trendul descendent al randamentului pe acestea. Conform informațiilor furnizate corespondentului INFOTAG de către Banca Națională a Moldovei (BNM), la ultima licitație ministerul a reușit din nou să obțină scăderea ratelor efective de dobândă ale titlurilor de valoare ale statului.

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MoF PLACES SECURITIES WORTH 1.27 BILLION LEI, THUS SUPPRESSING YIELD ON THEM

MoF PLACES SECURITIES WORTH 1.27 BILLION LEI, THUS SUPPRESSING YIELD ON THEM
06 march, 2024

The issuer of the RM government securities - the Ministry of Finance - confidently keeps the trend of their yield downward. According to the National Bank of Moldova (NBM), at the latest auction the Ministry once again achieved a reduction in effective interest rates on the securities.

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​GERMANY WILL DONATE 10.7M FOR SMEs DEVELOPMENT IN MOLDOVA

​GERMANY WILL DONATE 10.7M FOR SMEs DEVELOPMENT IN MOLDOVA
06 march, 2024

Germany will provide 10.7 million euros for the development of small and medium-sized enterprises (SMEs) in Moldova, RM Minister of Economic Development and Digitalization Dumitru Alaiba reported on social networks.

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MODERN EQUIPMENT FOR RCH AND INSTITUTE OF EMERGENCY MEDICAL AID PURCHASED WITH JAPANESE ASSISTANCE

MODERN EQUIPMENT FOR RCH AND INSTITUTE OF EMERGENCY MEDICAL AID PURCHASED WITH JAPANESE ASSISTANCE
04 march, 2024

Modern equipment for the Republican Clinical Hospital (RCH) and the Institute of Emergency Medical Aid have been purchased with funds from the Japanese government.

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MOLDOVAN FARMERS WILL BE OFFERED BANK LOANS OF UP TO 1.6 MILLION LEI AGAINST STATE SECURITY – SERGEI STEFANCO

MOLDOVAN FARMERS WILL BE OFFERED BANK LOANS OF UP TO 1.6 MILLION LEI AGAINST STATE SECURITY – SERGEI STEFANCO
04 march, 2024

Besides emergency loans of up to 0.5 million lei, Moldovan farmers will be able to will be able from March 16.To receive also commercial loans in banks up to 1.6 million lei against the state security, one of farmers’ protesting organizers Sergei Stefanco stated on the local television.

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RUSSIAN GAS PURCHASE PRICE DROPS IN MOLDOVA BY $15 A THOUSAND CUBIC METERS

RUSSIAN GAS PURCHASE PRICE DROPS IN MOLDOVA BY $15 A THOUSAND CUBIC METERS
01 march, 2024

In March, the purchase price of natural gas supplied by the Russian Gazprom Concern to the Republic of Moldova will be $339.75 per a thousand cubic meters with an account of its calorific value, Moldovagaz President Vadim Ceban announced on social networks.

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GOVERNMENT APPROVES AGREEMENT WITH EUROPEAN COMMISSION ON FINANCING UNDER "UE4MOLDOVA: INTEGRATION AND STABILITY" PROGRAM

GOVERNMENT APPROVES AGREEMENT WITH EUROPEAN COMMISSION ON FINANCING UNDER "UE4MOLDOVA: INTEGRATION AND STABILITY" PROGRAM
29 february, 2024

The Government has decided to approve and submit to the Parliament the Agreement on financing with the European Commission on the program "UE4Moldova: Integration and Stability". It entered into force on Thursday after its publication in the Official Monitor.

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​AS OF FEBRUARY 1, MOLDOVA’S DEBTS STOOD AT 30.8% GDP, OR 3.2% LOWER THAN IN 2023 – MoF

​AS OF FEBRUARY 1, MOLDOVA’S DEBTS STOOD AT 30.8% GDP, OR 3.2% LOWER THAN IN 2023 – MoF
28 february, 2024

As of this past February 1, the Republic of Moldova’s aggregate debt stood at 30.8% of the gross domestic product (GDP) i.e. 3.2% lower that on the same date in 2023.

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SOCIALISTS DEMAND GAS TARIFF TO BE HALVED

SOCIALISTS DEMAND GAS TARIFF TO BE HALVED
26 february, 2024

The opposition parliamentary Party of Socialists (PSRM) considers the reduction of the gas tariff for household consumers, served by Moldovagaz, from 18.07 lei down to 14.46 lei per cubic meter as insufficient one.

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