In 2023, the annual inflation rate continued the downward trend of late 2022, and in the last quarter it entered the target range. Thus, the annual inflation rate decreased from 8.6% in September 2023 to 4.2% in December 2023. The information was included in the inflation report, presented by Governor of the National Bank of…
A delegation of the National Bank of Moldova (BNM), led by BNM Governor Anca Dragu, has had high-level meetings with the European Banking Authority (EBA). The BNM governor noted that Moldova’s financial sector had been significantly consolidated, especially due to the European integration process. Anca Dragu appreciated the cooperation between BNM and EBA. She voiced…
The Public Property Agency (APP) on February 12 informed that February 13 was the last day of mandate of Oleg Tofilat as director general of the Railway of Moldova state enterprise (CFM). Afterwards, the present CFM deputy director, Serghei Tomsa, will take over the office of acting CFM director general. According to APP, the reshuffling…
A number of 17 producers and exporters of fruits from Moldova presented their apples, plums, sweet cherries and apricots at the specialized exhibition, Fruit Logistica 2024, staged in Berlin, Germany, on February 7-9. Attending the event, Deputy Prime Minister Vladimir Bolea stressed the commitment and support of the government for the agricultural sector and for…
The total trade of the Federal Republic of Germany with the Republic of Moldova increased last year by 5.3% YoY. The data were presented on February 8 by the Romanian-German Chamber of Commerce and Industry (AHK Romania), taken from the Federal Bureau of Statistics of Germany, Destatis. Trade between the two states exceeded 871.2 million…
The National Coordination Council for Regional and Local Development (CNCDRL) for 2024 has allocated 58 million lei (2.9 million euros) for 14 regional projects and on urban revival, due to be carried out in the southern region of Moldova. According to the South Regional Development Agency (ADR Sud), most of these projects are with emphasis…
Acting administrator of Chisinau International Airport Constantin Vozian announced resignation on February 6. “The reasons that made me decide to resign were as simple as they were complex. As an administrator, 90% of the energy and time allocated to the activity is wasted on complying with bureaucratic procedures totally unsuitable for a business, but especially…