Moldova's 373: Jobs boom as businesses embrace investment program

Over 160 entrepreneurs have tapped into Moldova's "373" program, securing investments that fuel job creation and boost employee salaries, the Ministry of Economic Development and Digitalization reports.

Alaiba: Simplifying, supporting businesses drive progress in Moldova

Moldovan Minister of Economy, Dumitru Alaiba, celebrated 2023 as a year of "significant achievements and positive change" for the country's economy, pledging further advancements in the year ahead.

Moldova quells inflation surge, growth path clouded by uncertainties

After enduring the grip of record inflation in 2022, Moldova has staged a remarkable comeback, achieving its lowest inflation rate in two years. In stark contrast to the October 2022 peak of 34.6%, November 2023 closed with a more manageable 5.5%, marking a remarkable 29-point decline within 12 months.

New governor of the National Bank Anca Dragu was introduced to the team

The new governor of the National Bank, Anca Dragu, was introduced to the team today, the Parliament Speaker, Igor Grosu, announced on his Facebook page. According to the official, Anca Dragu has extensive experience in the financial-banking field.

December 26 - the last day to pay wealth tax for 2023

Today is the deadline for paying the wealth tax for 2023. If it is not paid on time, a penalty of 0.07% will be applied for each day of delay related to the current year.

IMF cautious on Moldovan Central Bank shakeup

The International Monetary Fund (IMF) expressed reservations over the swift dismissal of Octavian Armașu as governor of Moldova's National Bank (BNM).

Government of Norway and the EBRD will provide a grant and a loan for the implementation of the "Security of natural gas supply" project

The Norwegian government will offer our country, through the European Bank for Reconstruction and Development, a grant worth 34 million euros. Also, the EBRD will grant a loan worth 165 million euros. The money will be used for the implementation of the "Security of natural gas supply" project. In this sense, the deputies ratified a grant agreement and another loan agreement.

Moldova farmers lobby for permanent grain import limits

Moldovan farmers are pressing the government for a permanent import quota regime on cereals and oilseeds, mirroring systems in Romania and Bulgaria.

Moldova's EU bid hinges on three key reforms

Moldova's aspirations to join the European Union face a critical juncture, as completing three outstanding recommendations from the European Commission remains the primary obstacle to launching formal accession negotiations.

Moldovan walnuts crack under pressure: Exports plunge 32%

Moldova's lucrative walnut export sector faces a bitter reality in 2023, with projected shipments plummeting by 32% compared to the buoyant period between 2017 and 2018.

BNM cautious: Rate steady as inflation dips

The National Bank of Moldova (BNM) today adopted a measured approach, opting to keep the key policy rate unchanged at 4.75% per annum.

Moldova's economy exhibits tentative signs of recovery amidst lingering challenges

After weathering a period of economic hardship, Moldova is exhibiting promising signs of recovery. The Independent Analytical Center "Expert-Grup," during the MACRO 2023 Conference, presented forecasts of a 3.3% economic expansion in 2023 and a more robust 5.4% growth in 2024.