Government is to examine an opportunity of revising the contract on concession of the Chisinau airport and lifting the airport modernization charge of EUR 9 per passenger. These are the recommendations included in the resolution Parliament has adopted following the hearing of the report by the investigatory commission on the concessionaire’s compliance with the contract…
Cooler-than-usual weather with precipitation was observed from November 28 through December 4. The average weekly air temperature in Moldova was -1.3 to +0.1 degrees C, or 1-2.5 C below normal. Air temperatures bottomed out at –9 C. Minimum soil temperature at the tillering node (3-cm depth) in winter crops was –1 to +1 C, or…
As from December 10, currency exchange offices of Moldova are entitled to change exchange rates twice within a working day provided it lasts more than 12 hours. The relevant resolution of NBM has come into effect. In line with the resolution, currency exchange offices of Moldova working up to 12 hours a day can change…
On December 16-20, an auction of public assets will be held at the Stock Exchange of Moldova. The state stakes in 23 joint stock companies valued at a total of MDL 773.97 million will be traded through voice trading, the press service of the Stock Exchange of Moldova informs. Among them are the 100% stake…
In 2017 Moldova expects to get credits at a total amount of MDL 7 billion 397.2 million ($362.6 million) to support the budget and continue externally-funded projects. This is provided for by the draft law on the 2017 state budget approved by the government. By estimates of the Finance Ministry, to continue the implementation of…
Moldova’s government expects to have MDL 220 million from the privatization of public assets and MDL 700 million from the sale of the liquidated banks’ assets. These amounts have been included in the 2017 state budget. In particular, MDL 220 million from the privatization of public assets and MDL 700 million from the sale of…
Bad credits in the banking system of Moldova amounted to 16.29% as of the end of October, up by 0.52% MoM. Compared with October 2015, it increased by 6.48% or 1.7 times from 9.81%, NBM reports. The biggest shares of bad credits were recorded by Victoriabank – 33.82% (against 32.92% in September and 11.15% in…