Moldova's news
The National Bank of Moldova maintains the basis rate of refinancing at 4,5% p.a. the third month in a row
The resolution was adopted by the Administrative Board of the National Bank on May,28 on the basis of the appraisal given by the bank’s experts to the macro economic situation in the country and external economic environment, mid-terms trends and forecasts of macro-economic indicators as well as risk-weighted mid-term forecast of the inflation rate. Besides, the Administrative Board maintained the Overnight loan rate at the level of 7,5% and the Overnight deposit rate at the level of 1,5%. The legal reserve requirement on funds attracted by banks in MDL and forex stayed unchanged at 14% of the rated base.
The decision of NBM is aimed at providing adequate monetary conditions to support lending process, simulate domestic demand and adjust the internal economic situation to shady and volatile macro-economic conditions in order to prevent inflationary expectations. The next sitting on the monetary policy of the Administrative Board is scheduled on June, 28. It should be reminded that since the end of November, 2011 NBM reduced the basis rate of refinancing 4 months in a row. It was reduced 0,5 p.p. from 10% to 9,5% p.a. at the end of November; 1p.p. from 9,5% to 8,5% at the end of December; 2 p.p. from 8,5% to 6,5% at the end of January and 2 p.p. at the of February, When it decreased from 6,5% to 4,5 p.a. The basis rate stayed unchanged at the end of March, April and May.
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Moldova's news - Economics
Monday, 17 june, 2013
- 17.06 17:05 Revenues in electronic communications grew by 4.4%, in QI, 2013 in Moldova
- 16:12 As of June, 7, monetary reserves of the National Bank of Moldova made up $2 billion 488.06 million, $12.74 million (0.5%) up as compared with the previous reporting week
- 15:14 A total external debt of Moldova made up $1billon 210.65 million as of May, 31, 2012, $34.92 million (2.8%) down versus January-May, 2013
- 14:26 Sugar beet producers hesitant about making forecasts
Saturday, 15 june, 2013
Friday, 14 june, 2013
- 14.06 17:08 Desecretized information about offshore companies of Transnistrian businessmen
- 15:36 The profit of the NBM to be distributed made MFL 33.85 million in Q1, 2013, 2.2 times down versus Q1, 2012
Wednesday, 12 june, 2013
- 12.06 17:41 Moldtelecom ready to launch mobile number portability
- 17:03 The World Banks kept the forecast of GDP growth in Moldova at the same level of 3%
- 15:59 Deficit of the trade balance of Moldova made $955.6 million in January-April, 2013, 1.2% or $11.2 million up as compared with the same period of 2012
Monday, 10 june, 2013
- 10.06 19:08 The delegation of Moldova is negotiating the signing of the new long-term gas supply contract for our country in Moscow
- 18:54 The final negotiations round on Deep and Comprehensive Free Trade Agreement (DCFTA) of Moldova with the EU will take place in Chisinau on June, 11-12
- 10:28 Wheat harvest expected to be medium-sized
Saturday, 8 june, 2013
Thursday, 6 june, 2013
- 06.06 16:58 In January-April, 2013 Moldova saw the highest growth in the volume of cargo transportation in CIS
Wednesday, 29 may, 2013
Tuesday, 28 may, 2013
Thursday, 23 may, 2013
- 23.05 17:10 Moldovan PM-designate, World Bank’s country director broach joint agriculture projects, cooperation
- 16:11 Moldovan business representatives present investment advantages at forum in Russia
Monday, 20 may, 2013
Saturday, 18 may, 2013
Tuesday, 14 may, 2013
Wednesday, 8 may, 2013
Thursday, 2 may, 2013
- 02.05 18:03 NBM does not consider withdrawing Moldovan savings bank license…
- 16:49 In Moldova 104 thousand 727 bank cards were emitted in q1, 2013, 15.5% up versus the same period in 2012 (90 thousand 679)
- 14:43 BNM revises down inflation forecast
Wednesday, 17 april, 2013
Friday, 12 april, 2013
- 12.04 17:31 Agricultural producers, subsidized from the state budget and making capital investment, will be refunded VAT
- 16:56 Agricultural producers, subsidized from the state budget and making capital investment, will be refunded VAT
- 16:55 The term of the start up of mobile telephony numbers portability services is rescheduled from May, 1, to July, 1, 2013
- 12:42 Moldovan parliament operates amendments to fiscal code
Thursday, 11 april, 2013
- 11.04 17:36 Farmers to pay VAT of 8% instead of 20%
- 17:35 Phantom companies cause damage of over 100m lei to state
- 16:32 In 2013, Moldova state budget’s expenses and deficit will increase mdl 368.8 million to raise the pensions and pay out the financial support to citizens starting from April, 1
- 16:31 Moldova won’t lose the WB $10 million loan to the agricultural industry, damaged by the dry season, emergency assistance, - Veaceslav Negruta
- 13:07 World Bank forecasts GDP growth of 3% in Moldova for this year
Tuesday, 9 april, 2013
Monday, 8 april, 2013
- 08.04 16:01 In Q1, 2013 Moldova exported to the EU 5.6 million liter of wine in the duty-free treatment
- 16:00 The law debarring residents of offshore areas from holding shares in Moldovan banks came into effect on April, 5
- 9:52 BOARD of Foreign Investors Association about the action of administration at Tirex Petrol
Thursday, 4 april, 2013
- 04.04 16:12 The government approves the reintegration plan of action for 2013 implementation of which has been budgeted for 15 mln. leis
- 16:11 In January-February, 2013 Moldova saw the highest growth in the volume of cargo transportation among CIS
Wednesday, 3 april, 2013
Tuesday, 2 april, 2013
Monday, 1 april, 2013
- 01.04 16:43 The net inflow of direct foreign investments, the capital outflow included, decreased 1.8 times to $159.21 mln. in 2012
- 16:40 In January-February, 2013 it was registered 1201 new enterprises in Moldova, 13.5% up as compared with the same period of 2012
Friday, 29 march, 2013
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