Revenue of the Customs Service to the state budget rose by almost 20% as compared to the same period last year

The Customs Service's collections to the state budget amounted to more than 726.9 million lei last week, and since the beginning of this year - about 5.8 billion lei. According to a statement issued by the institution, there was an 18.2% increase compared to the same period last year.

Finance Ministry announces tax policy priorities for 2024

The Ministry of Finance organised a meeting with business representatives to discuss tax and customs policy priorities and objectives for 2024. Minister Veronica Sirețeanu said that the draft tax and customs policy for next year was to be approved by July 1, 2023, to ensure the implementation of the rules with a six-month reserve, as specified in the Tax Code and Customs Code.

The new Customs Code of the Republic of Moldova will enter into force on January 1, 2024

The Parliament adopted in the final reading the law on amending some normative acts, approving the Government's proposal to extend the entry into force of the provisions of the new Customs Code. The postponement of the term was necessary to ensure the continuity of the harmonization of the legislation of the Republic of Moldova with that of the European Union. Also, the opinion of the business environment was taken into account, and the new Customs Code of the Republic of Moldova will enter into force on January 1, 2024.

Prime Minister Dorin Recean had a meeting with the International Monetary Fund mission

The current state of implementation of the programme with the International Monetary Fund and macroeconomic developments were discussed today by Prime Minister Dorin Recean and the IMF team led by Ruben Atoyan.

Moldova's first trading partner Romania. Dorin Recean: "The banks of the Prut are becoming even closer for business"

The trade-economic exchanges between the Republic of Moldova and Romania continue to enjoy a positive dynamic. In 2022 alone, the value of trade between the two countries increased by $1.2 billion, announces Romania's Prime Minister Nicolae Ciucă. With bilateral trade totalling around $3.6 billion, Romania continues to be one of our country's most important trading partners.

Government: Small and medium-sized enterprises will benefit from low-interest loans

The Cabinet of Ministers approved the Regulation of the Fund for Entrepreneurial and Economic Growth of Moldova (FACEM), administered by the Organization for Entrepreneurial Development, which will offer loans, but also total or partial compensation of the costs of loans or other financing advantages offered to businesses.

Romania will purchase from Azerbaijan one billion cubic meters of gas, including for the supply of the Republic of Moldova

Natural gas for the Republic of Moldova in Azerbaijan, through Romania. This route becomes possible, after the authorities in Bucharest and Baku have reached an agreement of one billion cubic meters of gas. After meeting with the Azer leader, Ilham Aliev, the president of the Chamber of Deputies, Marcel Ciolacu, announced that the natural gas in Azerbaijan will also arrive in Chisinau.

Japan grants the Republic of Moldova a loan worth 100 million dollars

Japan grants the Republic of Moldova a loan worth 100 million dollars, announced Deputy Prime Minister Nicu Popescu. The head of diplomacy from Chisinau declares that the money is intended to strengthen the state's capacities and manage the challenges it faces, as well as multiple development projects in such fields as medicine, energy efficiency; agriculture; education; environmental protection and gender equality.

Josep Borell: The meeting of the European Political Community in Chisinau will be a good opportunity to show support for the Republic of Moldova in the face of Russian pressure

The meeting of the European Political Community, which the Republic of Moldova will host on June 1, will represent a "good opportunity to show our support for this country in the face of Russian pressure", said Tuesday the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell, informs caleaeuropeana.ro.

Moldovagaz wants to switch to measuring gas in kilowatt-hours

"Moldovagaz", "Energocom", as well as the gas transport companies "Moldovatransgaz" and "Vestmoldtransgaz", will submit a joint approach to the National Energy Regulatory Agency (ANRE) regarding the creation of a regulatory framework for passing the natural gas measurement unit from cubic meters to kilowatts/megawatt-hours. The implementation of the new rules is proposed starting from the current July 1.

Business Barometer: Moldovan entrepreneurs confronted many challenges in 2022

Moldovan entrepreneurs faced various challenges in 2022, both because of the pandemic and the war unleashed by Russia in Ukraine. Companies in industry, agriculture and services had a harder time. By contrast, a better situation was seen in trade and construction. These findings are contained in the Business Barometer, conducted by the sociological research company "Date Inteligente" and released today by the Association of Romanian Investors in Moldova.

Grants to support digital innovations and technological startups in Moldova

Thirty four start-up companies or individuals planning to start a home business submitted their innovative business ideas. Applicants of the most inspired investment projects, which reform the production model by implementing innovations or launch a new product, identify a new source of raw material or access a new market, will receive non-refundable funding of up to 500,000 lei to develop their business ideas.