Moldova: EBRD to provide EUR 23-million loan

The European Bank for Reconstruction and Development (EBRD) will provide financial support for the modernization of the railway infrastructure in the Republic of Moldova. Members of the Economy, Budget and Finance Parliamentary Committee on October 18 approved the report for the draft law that provides for the ratification of a loan agreement. The EBRD will…

Moldova: table grapes exports up in 2023

The export of table grapes from the 2023 harvest has increased against the last year. In July-October, the grapes producers managed to increase the export of grapes in quantity and value by 17.5% and by 21% YoY, the Agriculture and Food Industry Ministry (MAIA) reported. According to data presented by Moldova’s Customs Service, in July-October,…

Moldova: business environment to benefit from new measures to reduce bureaucracy and facilitate activity

Deputy Prime Minister, Minister of Economic Development and Digitalization Dumitru Alaiba presented a new package to reduce bureaucracy in order to facilitate the activity of the business environment. “Entrepreneurs will save about half a billion lei (25 million euros) annually or 0.2% of GDP, following reducing tax and customs bureaucracy. The draft law, approved by…