Ирина Коваленко
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.
Remote personal identification with the help of e-KYC technology will guarantee security of the financial system. The International Finance Corporation (IFC) is taking over the implementation of unified standards, – reports Logos Press.
With gross collections rising, companies have reduced profitability in the insurance business in 2024,” Logos Press reported.
A training seminar on copyright law for media representatives will be held in Chisinau on May 15-16. European human rights defenders will share their experience in the context of the ongoing harmonization of Moldovan legislation with EU rules,” Logos Press reported.
The National Bank has not given up hope of bringing inflation back within the target range from Q4 2025, despite external risks. The updated forecast is contained in the second Inflation Report 2025, Logos Press reported.
The Ministry of Health will receive the first money for the construction of a new regional hospital in Balti. A grant agreement was signed with the Council of Europe Development Bank (CEB) for 3 million euros, Logos Press reported.
The regulator has kept the prime rate at 6.5% per annum. This decision was made today, May 12, by the administrative council of the National Bank of Moldova,” Logos Press reports.
According to the data provided by the National Bureau of Statistics (NBS), the annual inflation rate in Moldova has decreased its growth rate. In April, average consumer prices rose by 7.8% over the last 12 months against 8.75% in March, Logos Press reported.
The World Bank’s Board of Directors has approved the allocation of $90 million to finance the subprogram “Supporting Economic Opportunities and Policies for Climate Resilience in Moldova,” Logos press reports.
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.
In April, the state’s official reserve assets decreased by another 121.17 million euros to 4,929.69 million euros. The negative balance of assets has been growing since the beginning of the year, Logos Press reported.
