News
Share of foreign investments in moldovan banks increasing
November 03, 2009According to the National Bank of Moldova (NBM), the share of foreign investments in the Moldovan banks in January-September increased by 1.1% up to 75.2%. According to the NBM administration, the average indicator of capital sufficiency is preserved...
IMF resumes financing for Moldova
October 29, 2009The International Monetary Fund (IMF) resumes the financing of Moldova, whose GDP does not exceed $1.8 thousand per capita of the population. On Wednesday Head of the International Monetary Fund (IMF) mission to Chisinau, which worked in Moldova on October...
Moldova: Businesses against tax on reinvested profit
October 29, 2009The taxation of economic entities' reinvested profit may be resumed not earlier than in 2011, Deputy Minister of Finance Viorel Dandara told Infotag. He remarked that the cancellation of the zero tax rate is inevitable under the conditions of the decrease...
IMF to support Moldova with a 3-year credit facility of $588 mil.
October 28, 2009An International Monetary Fund (IMF) staff mission headed by Nikolay Gueorguiev and the authorities of the Republic of Moldova have reached preliminary agreement on a new economic program that could be supported by combined three-year Extended Credit...
Moldova's budget deficit hits a record high, 16% of the GDP
October 21, 2009By the beginning of October the deficit of the public budget constituted about 2.8 billion lei ($252.2 million), the social insurance budget - 700 million and the medical budget - 250 million, Minister of Finance Veaceslav Neguta unveiled such data. ...
Chisinau City Hall receives grant of $3.6 million from China
October 20, 2009Chisinau general mayor Dorin Chirtoaca said that he has recently received a set of documents from State Minister Victor Bodiu on a Chinese non-refundable grant of 3.6 million dollars (20 million yuani). The proceeds are meant for road traffic supervision...
Vlad Filat: Moldova holds constructive dialog with foreign donors
October 20, 2009The Moldovan Government has held an open and constructive dialog with the representatives of the World Bank, International Monetary Fund and donor countries, Prime Minister Vlad Filat stated on Monday evening. Throughout the day, the meeting between...
EBRD forecasts economic growth in Moldova in 2010 BY 1.5%
October 19, 2009The economic growth in Moldova may constitute 1.5% in 2010. Such are the data of the 2009 EBRD Transition report, which will be published in November. According to the bank's press release, EBRD Chief Economist Eric Berglof considers obvious that the...
Russia to lend Moldova 150m dollars
October 12, 2009Russia will grant Moldova 150m dollars as a state loan in 2009. Moldovan Prime Minister Vlad Filat and Russian Deputy Prime Minister and Finance Minister Aleksey Kudrin reached an agreement to this effect on 9 Oct. 2009, the Moldovan government's press...
Japanese government grants $213.9k to Moldova
October 08, 2009The Japanese Government has allocated a grant in the amount of $214 thousand to Moldova for the implementation of three projects in the frame of the Kusanone free small-scale assistance. Mr. Tadashi IZAWA, Ambassador Extraordinary and Plenipotentiary...