Moldova prioritises energy, infrastructure in 2024 budget

The Moldovan Ministry of Finance has unveiled the draft budget law for 2024, outlining a cautious fiscal plan that prioritises energy efficiency, local development, and infrastructure improvements while navigating a projected deficit.

The railways of the Republic of Moldova will be modernized. EBRD will provide a loan worth 23 million euros

The Republic of Moldova will receive financial support from the European Bank for Reconstruction and Development (EBRD) to modernize its railway infrastructure. Parliament approved, in today's plenary session, the ratification, in the second reading, of a loan agreement in this regard.

Low-cost company Wizz Air returns to the aeronautical market in the Republic of Moldova

The low-cost company Wizz Air has announced that, starting in December, it will operate Chisinau-Rome, Chisinau-Milan and Chisinau-London flights. This was announced by Prime Minister Dorin Recean.

Farmers announced a protest with agricultural machinery in Chisinau

On November 22, the farmers will protest again. This was announced this morning by the Association "Forța Fermierilor". Farmers from several districts will come with agricultural equipment in Chisinau. According to the press release, many agricultural producers are on the verge of bankruptcy and despair and have no other way out than to take to the streets. They claim that all attempts to resolve the issue of saving micro, small and medium farmers through dialogue have failed.

The new electricity tariffs come into force. ANRE's decision was published in the Official Gazette

Starting from Monday, consumers in the Republic of Moldova will pay less for electricity. The decision of Friday, November 10, of the National Energy Regulatory Agency (ANRE) regarding the reduction of tariffs was published in the Official Gazette.

Inflation index in the Republic of Moldova has been decreasing recently

According to official data, the prices of vegetables and fruits, in October, increased by more than 9% compared to the same period last year. Dairy products are more expensive by almost six percent, and bread by more than 4%. However, a discount of more than 19 percent was recorded for vegetable oil.

The price of electricity could be reduced. ANRE will approve the new tariffs today

The National Energy Regulatory Agency (ANRE) will examine in the meeting on Friday, November 10, the regulated prices for the supply of electricity as a result of the actions of two suppliers.

The Republic of Moldova will receive from the European Commission a financial support of 72.5 million euros by the end of October

The European Commission will disburse financial support of 72.5 million euros to the Republic of Moldova, as part of the ongoing macro-financial assistance operation for the country. On Wednesday, October 25, the Republic of Moldova received a loan of 50 million euros, and by the end of the month a new tranche of 22.5 million euros will follow in the form of a grant, informs the Delegation of the European Union in the Republic of Moldova.

UTA Gagauzia will have to return taxes and VATs from its own budget

President Maia Sandu promulgated the draft law by which UTA Găgăuzia will have to return taxes and VATs from its own budget, and not from the national one. The decree promulgating the law was published today in the Official Gazette.

Japan will offer a grant worth 1.9 million euros for farmers in the Republic of Moldova

The Government of Japan will offer the Republic of Moldova non-refundable financial support in the amount of 1.9 million euros. The money will be directed to support small and medium-sized farmers, who are affected by the increase in the price of seed material, fertilizers and pesticides. In this regard, the members of the Foreign Policy and European Integration Commission approved the report for initiating negotiations and approving the signing of a Grant Agreement.

The government approved new measures to mitigate the energy crisis

In today's meeting, the government approved new measures to alleviate the energy crisis. Thus, according to a press release from the Executive, the protection of socially vulnerable groups, security and energy efficiency of the country have been increased.

Moldovan leu strengthens against reference currencies, but experts warn of risks

The Moldovan leu strengthened against reference currencies on Monday, with the euro falling by 0.23 lei and the US dollar by 0.04 lei.