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In October, the government extended the National Program for the Development of the Public Procurement System for the next two years. The pace of change impresses neither the executive branch itself, which has been trying to become more active recently, nor the experts, who see a whole pile of unresolved problems.
Progress in convergence with the EU legislation on the chapter “Free movement of capital” is visible to the naked eye. Liberalization of currency regulation has been underway for a number of years. Now it has entered a decisive stage. Anca Dragu, the governor of the NBM, admits that her experience will allow the National Bank to play a leading role in the negotiations with the EU on this issue. The thirst for investments, however, does not guarantee their arrival. The free movement of capital brings with it, according to experts, many other …
The National Bank summarized the performance of the insurance market participants in the first half of the year, noting the improvement of the sector’s financial reliability, despite the decline in profitability.
The postponed for the post-election period presentation of statistical indicators of the state of the economy in the first half of the year took place this week. Quietly and without scandals. This time – from the mouth of the re-elected for a second term director general of the statistical office Oleg Kara. And, it is necessary to tell, “to blow on water” was in vain – on moods of voters it would not affect. As now it does not affect the mood of responsible persons – the Minister of Economy and Digitalization Doina Nistor called the results “encouraging” and expressed hope for “restorative growth at the end of the year”.
“The grant will allow us to modernize processes at the enterprise, lay the foundation for a modern, sustainable infrastructure adapted to market requirements. We expect a significant effect through the creation of new jobs and the processing of fruit from our orchard,” said one of the grant recipients, Natalia Dumbrava, administrator of “FructeDorSucces” Ltd. from the village of Catranik, Falesti district, an enterprise that processes and preserves fruit.
The National Bureau of Statistics (NBS) canceled the timely dissemination of GDP and labor market data for the second quarter of 2025, explaining the postponement of the publication date by “technical reasons”. The expert community did not believe and was indignant at the restriction of access to important information on the eve of parliamentary elections.
Moldova Business Week announced the creation of a new stock exchange in Chisinau in partnership with the Bucharest Stock Exchange and a group of large investors from Moldova. Most experts believe this could be a chance for the Moldovan capital market.
International rating agency Fitch Ratings in early September affirmed Moldova’s credit rating at B+ with a stable outlook. Despite its stability, it includes many aggravating circumstances of the future “credit history” of the country, for which development partners are responsible with their money. But the debts are still to be paid back to the country.
Moldova’s current account of the balance of payments in the first quarter of 2025 showed an alarming increase in the deficit to 26% of GDP, exceeding $1 bln. The closest to this level was recorded 16 years ago. Last year’s figures were much more modest, although also very high: 17% of GDP in the second and third quarters of 2024 and 18% in the fourth quarter of 2024.
In its last session, the outgoing for good current parliament passed, without consulting the government and business, several amendments to legislation that could seriously affect the country’s economy.
