Tag: economics
Switzerland to Offer Additional Support for Projects in Moldova
In a bid to strengthen cooperation and utilize available resources effectively, Switzerland has pledged to provide further support for programs and projects carried out in the Republic of Moldova. The key areas...
Inflation Reaches 13.2% in May 2023: Prices Soar for Food, Goods, and Services
According to data released by the National Bureau of Statistics (NBS) and reported by bani.md, the annual inflation rate in May 2023 reached 13.2% in the Republic of Moldova. The prices of...
Republic of Moldova to Invest $55 Million in Agricultural Sector Development
The Republic of Moldova is set to invest $55 million in the development of its agricultural sector by the year 2029. To achieve this, the country will secure a loan from the...
Veaceslav Ioniță: The Moldovan Leu – Europe’s Strongest Currency Despite Mild Depreciation
In the past week, the Moldovan Leu experienced a slight depreciation against major currencies but continues to maintain its position as the strongest currency in Europe and beyond, according to Veaceslav Ionita....
Rising Concerns: Intensified Fiscal Controls Stir Corruption Fears in Moldova
In an effort to boost revenue collection, authorities, led by the State Fiscal Service, are aggressively ramping up their efforts. However, the field of state control itself is a sensitive area prone...
European Investment Bank Supercharges Moldova’s Development with €1.1 Billion Portfolio
In the pursuit of enhancing infrastructure, energy efficiency, and support for small and medium-sized enterprises, the European Investment Bank (EIB) continues to invest significantly in Moldova. The fruitful collaboration between EIB and...
World Bank Extends $134.3 Million Lifeline to Moldova for Socio-Economic Resilience
The Executive Directors of the World Bank have approved a decision to provide the Republic of Moldova with a funding package worth $134.3 million. The funds will be disbursed as part of...
Moldova to impose a temporary ban on Ukrainian grain imports to support struggling farmers
The Ministry of Agriculture and Food Industry, led by Minister Vladimir Bolea, has announced a temporary ban on the import of grains from Ukraine in order to support Moldovan farmers. According to...