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The share of informal employment in Moldova is 17.8%, which is 4.8% higher than the EU average. At the same time, our country looks good in relation to the world average, which is 58%. And in some countries it reaches 90%.
The Ministry of Economy has drafted a bill on a new organizational form of entrepreneurial activity by individuals without the formation of a legal entity – so-called independent entrepreneurs. The draft was made public for familiarization and the development of comments and recommendations.
Representatives of the Congress of Local Authorities of Moldova (CALM) demand that the process of decentralization and local/regional development be recognized as priorities. And that this should be included in the Economic Growth Plan, where EU funds amounting to 1.9 billion euros have been allocated.
The program “European Yard” was ambiguously perceived by the residents of the capital. They disagree both with the decision-making procedure and its content.
At its sitting on April 17, the Parliament approved in the second reading amendments to the state budget for 2025. They increase its deficit by 4.01 billion lei (+28.9%) to a record figure of almost 18 billion lei, or 5.1% of GDP.
Almost half of the 648 public services available in the country have been fully digitized within 15 years. This is part of the program to create a 100% digital society in Moldova.
The creation of a venture capital fund in Moldova is still a long way off, but the government has envisioned other ways to support startups. The amount of grants issued by the Organization for the Development of Entrepreneurship (ODA) will be increased for start-ups.
According to the data presented on the website of the State Tax Service, 34.2 million lei of VAT was additionally charged to the state budget over the last fifteen months.
The slowdown in economic growth has noticeably energized the Moldovan expert community. Directly or situationally, this topic continues to dominate its agenda. Experts analyze information, experts propose concrete steps for its acceleration. One of such steps could be to change the mechanism of VAT payment. Former Prime Minister Ion Kiku believes that it would be more correct to collect it not at customs, as it happens today, but after the sale of products.
From this year, the list of deductions applicable when paying income tax for individuals has been considerably extended. First, they have the right to deduct expenses for the education of children.
The third Economic Forum was held in Chisinau under the slogan “Investment – Development – European Integration”, – reports Logos Press.
Restrictions on the delivery and transit of cargo by Moldovan road carriers through the Russian Federation under any scenario is an alarming signal to Moldovan agricultural producers, but not fatal. It may have a serious impact on some segments of agribusiness, while for others it may pass almost unnoticed. A lot will depend on the practice of application/compliance with this decision of the Russian government.
Prime Minister Dorin Recean announced the launch of Budget PLUS, the Moldovan government’s largest financial package for investment and economic growth, with a total allocation of 8 billion lei.
