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Category: Economics

The amount of Moldova’s subscription to the IMF is increasing

The government has increased Moldova's subscription to the International Monetary Fund (IMF) from 172.5 million Special Drawing Rights (SDRs) (approximately 232 million dollars) to 258.8 million SDRs, marking an increase of about...

When will Moldova switch to the EUR as its reference currency? The explanation of the Governor of the National Bank of Moldova

The euro could become the reference currency of the National Bank of Moldova (BNM) for interventions in the foreign exchange market, setting the exchange rate, and storing foreign reserves, said the Governor...

NBM: Annual Inflation Rate Stays Within ±1.5% of 5% Target for 12 Months, a First in Eight Years

For the first time in eight years, the annual inflation rate remained within ±1.5 percentage points of the 5 percent target for 12 consecutive months, according to data presented today by National...

Moldova to fly to Kuwait. The authorities are preparing an agreement

The Moldovan government is preparing to negotiate an air services agreement with Kuwaiti authorities. This agreement will grant pilots from both countries the right to fly over each other's airspace, make stopovers,...

The EU will invest €32 million to repair the North-South railroad corridor in Moldova

The European Union will invest €32 million in grants to rehabilitate Moldova's North-South railway corridor, a critical project to enhance the country's connectivity with international transport networks. These funds will modernize railway...
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Public officials who are preparing Moldova for EU accession will receive salary bonuses of up to 50%

Public officials working on Moldova's EU accession process will receive salary bonuses of up to 50% following an evaluation of their performance in the third and fourth quarters of 2024. The government...

Romania’s gas supplies all Moldova’s needs! That is two thirds of the needs

Romania has officially taken over gas supplies to Moldova, which currently depends on imports from Romania for most of its energy needs. According to data provided by Energocom, two-thirds of Moldova's total...

Money from Canada and France is coming to Moldova. The Parliament has ratified two agreements regarding financial support

France and Canada will provide financial support to Moldova. The French Development Agency (AFD) will offer budgetary support for financing the transition to a green economy, while His Majesty the King of...
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