The annual rate of inflation will trend downward rapidly throughout this year. More precisely, the average annual inflation is forecast at 13.7% this year and 5.5% in 2024. Governor of the National Bank of Moldova Octavian Armasu unveiled the data. BNM data showed that the annual inflation rate, in the fourth quarter of 2022, outlined…
President of the Republic of Moldova Maia Sandu had a meeting with representatives of the investor groups DFC (USA), Swedfund (Sweden), Proparco (France) and Finnfund (Finland), invited by Horizon Capital. According to the presidential press service, the officials approached the investment and business opportunities offered by the market. Maia Sandu noted that Moldova wanted to…
Over 70 representatives of poultry farms from the Republic of Moldova discussed at an international symposium supported by the EU the latest news from the poultry sector related to various highly contagious diseases such as salmonella, bird flu and Newcastle disease. According to Iurie Scripnic, state secretary of the Ministry of Agriculture and Food Industry…
As much as 67.1% of the exports and 50.1% of the imports made by the companies from the Transnistrian region have European Union member states as destination and origin respectively. According to the Reintegration Policies Bureau, in 2022, the export from the region to EU countries accounted for 67.1%, up by 10.2% YoY. At the…
Moldova continues to make reforms in the energy sector, to diversify natural gas and electricity supply sources, but it still needs the EU support to find affordable alternatives, Prime Minister Natalia Gavriliya has said in Brussels at a meeting with European Commissioner for Energy Kadri Simson, the government’s communication and protocol department has reported. “With…
A project backed by Switzerland and the United Nations Development Programme (UNDP) has launched a contest for the selection of three micro-regions beneficiaries of foreign support. The full file on participation will be sent by electronic means not later than February 23. The Resilient and Inclusive Markets in Moldova (PRIM) project supports local communities, so…
About $25 million will be invested this year in the livestock sector in Moldova, to increase the resilience of milk production farms, to improve the conditions of animal maintenance, as well as to equip the farms with specialized equipment and software. This will be a part of the total amount of $55 million, offered by…