Irina Covalenco, Author at logos-pres.md - Page 29 of 43
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Irina Covalenco

Irina Covalenco

Economic observer, freelance correspondent, 30 years in the profession. Specialises in economic policy and macroeconomics, writes on finance and financial markets. Has worked at Logos Press since the mid-1990s.

Articles

    Speaking at the opening of the Leaders’ Summit in Bucharest “Roadmap for the Future”, Anca Dragu, Governor of the National Bank, emphasized the structural changes in Moldova’s economy: from a significant dependence on agriculture in 2001 (a quarter of GDP) to a diversified structure today, where the service sector accounts for 58% of GDP and the IT sector is prominent – about 8%.

    5 November 2025
    Anca Dragu: “Moldova is no longer only an agricultural country”

    The representative office of the World Bank Group in Moldova has revised the country’s economic development forecast for the medium term, raising the expected GDP growth in 2025 from 0.9% to 1.5%, – reports Logos Press.

    4 November 2025
    World Bank improves Moldova’s prospects

    The government today announced the opening of registration for energy compensation payments for the 2025-2026 heating season, which will be made in cash, Logos Press reports.

    3 November 2025
    Monetization of utility costs will continue

    Financial market regulators, capital market regulators and enforcement authorities are preparing for legal regulation of the cryptocurrency market under Europe’s single MiCA, Logos Press reported.

    3 November 2025
    Cryptoasset regulation on the way

    The total project budget is $59.8 million. The project is financed by a loan from the International Bank for Reconstruction and Development (IBRD) and two grants ratified by Parliament in 2023. The project implementation period is from October 2023 to December 2029. Its main objective is to strengthen the educational infrastructure and improve the quality of the teaching and learning process.

    2 November 2025
    How the Improving Quality in Education Project (IQEP) is being implemented

    The state has not learned to spend even other people’s money on the development of the country. Foreign aid is spent mainly on salaries and pensions and other current expenditures. In other words, it is eaten up. It is not always possible to “digest” the money for capital investments. The Accounts Chamber gives figures and reasons for such “indigestion”.

    1 November 2025
    Chamber of Accounts on the reasons for the “indigestion” of foreign aid

    In the 2024 Census, people were most likely to cite their difficulties with vision, mobility, hearing and memory, Logos Press reported.

    31 October 2025
    One third of the population complains of vision problems

    The representation of women and men in the management bodies of companies listed on the stock exchange will try to equalize with the introduction of European requirements in the national legislation, – reports Logos Press.

    31 October 2025
    Gender equality awaits the stock exchange

    The judiciary lacks internal controls over spending, which the Audit Chamber said led to “significant irregularities in both the use of budget allocations and the management of state property” in 2022 – 2023, Logos Press reported.

    30 October 2025
    The “third estate” does not control itself

    The state budget execution at the end of September ended with a deficit of about 7 billion lei against 7.5 billion lei at the end of August, thanks to the outpacing growth of the revenue side, Logos Press reported.

    30 October 2025
    Budget deficit keeps itself “in line”

    Most of the external loans and grants, according to the annual report of the Audit Chamber, were used last year to support the budget, while the absorption of development money was not complete, Logos Press reported.

    29 October 2025
    Foreign aid goes mainly to salaries and pensions

    In the October issue of World Economic Outlook, the International Monetary Fund ranks the countries with the highest public debt in 2025, Logos Press reports.

    29 October 2025
    IMF names the world’s debtors

    The dynamics of the total public debt is accompanied by uneven growth of its constituent parts: the internal public debt is growing faster than the external one, – reports Logos Press.

    29 October 2025
    Public debt grows unevenly

    Moldovan economists presented an even more pessimistic forecast of annual development results than their foreign colleagues, who were not generous to the country this year either, – Logos Press reports.

    28 October 2025
    Scientists “deepened” Moldova’s stagnation

    Moldova’s external public debt at the end of September 2025 amounted to $4.75 billion compared to $4.19 billion at the end of last year, Logos Press reported.

    27 October 2025
    External debt growth accelerates

    A sample statistical survey in the fourth quarter of 2025 predicts relative stability in the economic activity of businesses, especially in manufacturing and construction, Logos Press reported.

    27 October 2025
    Staffing issue hinders business activity

    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.

    26 October 2025
    Public procurement reform: between wishful thinking and reality

    Despite the September increase in foreign currency transfers, citizens’ saving sentiments have not improved, according to the National Bank’s monetary synthesis data, Logos Press reported.

    24 October 2025
    “Eurodeposits” do not attract “euro transfers”

    In September, the volume of cash inflows to banks did not reach the level of August (17 billion lei), having equaled the level of July (16.7 billion lei), Logos Press reported.

    23 October 2025
    The banks didn’t make the cash register

    The Competition Council announced the launch of an in-depth investigation into the economic concentration operation of “Curtea Dacilor” SRL, which intends to take full control of “Agro Business Group” SR, including agricultural land and processing equipment, – Logos Press reports.

    23 October 2025
    Sugar market is taken under “crosshairs”