Tag: economics
Transfers from Russia have plummeted by almost 70%
In the third quarter of 2023, the perspective of money transfers to the Republic of Moldova from Moldovan emigrants seems to have undergone a significant change. According to recent data published by...
Enhancing Bilateral Trade: Moldova and Israel Aim for Expanded Economic Cooperation
Moldova and Israel share a common interest in initiating negotiations for a Free Trade Agreement. The teams are already working to prepare these negotiations," stated the Minister of Foreign Affairs of the...
Economic Recession Hits Moldova. Expert’s Forecast
The Republic of Moldova finds itself grappling with an ongoing economic recession, with economists predicting a meager growth of nearly 2% by the end of this year. The alarming state of the...
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...