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If we listen to the officials from the authorities, Moldovan parliamentarians and European deputies and commissioners, it was not rain from the sky, but a real “downpour of money” that poured down on Moldova during the whole May. The financial rainfall is estimated at 3.4 billion euros in total, even if some of it is still declarative in nature.
A growth plan or a spending plan? This is a question that experts are increasingly asking about European aid to the country. Apart from critical remarks, there are also constructive suggestions. Expert-Grup believes that investment funds are the main condition for accelerating economic growth.
Let’s work together to create a culture of accountability where every audit report is a step forward toward a government that serves the citizens!
In 2025, the Audit Chamber intends to expand the digitalization of audit, strengthen institutional independence, attract and motivate human resources. The main message of the departmental Report on the Activities of the Supreme Audit Institution in 2024 is directed to the future.
The Board of Directors of the National Energy Regulatory Agency (ANRE) at a public meeting on May 23 appointed state-owned Energocom as a public service provider for a period of three years. Previously, these functions were performed by Moldovagaz JSC, ensuring gas supply to end consumers. Vadim Ceban, acting Chairman of the Board of the company, told Logos Press in an interview about why this happened and how this decision will affect the activity of Moldovagaz JSC.
The largest insurer in Central and Eastern Europe VIG AG WVC (Vienna Insurance Group AG Wiener Versicherung Gruppe) will expand its presence in Moldova by acquiring control (480 thousand shares, 80% of the authorized capital) in the insurance company Moldasig.
Restrictive monetary policy measures since the beginning of 2025 and the situation on the monetary and foreign exchange market led to an increase in interest rates on new loans and deposits in lei in the first quarter of 2025.
In April, inflation in Moldova amounted to 7.8% year-on-year, which became the lowest indicator for the last 4 months. The National Bank admits that by the end of the year the indicator will fall below the upper limit of the target range of 5% and will continue to decline until the end of 2027. But the policy of inflation control does not give way to the policy of encouraging economic growth, no matter how favorable the circumstances are. The prime rate this week remained at 6.5% per annum.
The World Bank places the world’s poor countries in the category of “low- or middle-income countries”, with a separate subgroup of “Least Developed Countries” (LDC), which includes 45 countries in the world.
At the end of May, the National Bureau of Statistics (NBS) will present official indicators of multidimensional poverty in Moldova. From 2025, the number of poor people in the country will be assessed simultaneously using the old (monetary) and new methods of poverty measurement. According to the first experimental data, the measurement results will be fundamentally different.
The public debt in Moldova is growing at an accelerated rate. It is increasingly secured not by gross production, but by debt securities and the established system of refinancing through foreign aid programs. Supporting the economy and budgetary commitments is increasingly becoming a way to pay off debts.
On some aspects of the financial statements of the Ministry of Economic Development and Digitalization for 2024, the Court of Accounts could not decide: “Are these accounting errors or signs of fraud?”. Difficulties arose when it came to relations with the real economy.
