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Category: Banks & Finance
The base premium for domestic insurance will increase from 1,257 to 1,420 lei, or by 12.9%, while the premium for international travel in Zone 1, which covers trips to Ukraine, will increase from 14 to 16 euros, or by 14.3%.
The Ministry of Finance intends to maintain the zero tax rate on retained earnings until 2029, while increasing the threshold from 100 million to 200 million lei for companies eligible for this regime. In this way, the government hopes to support capital accumulation within companies and stimulate investment. But for businesses, the main question remains: what will happen after 2029?
Finance Minister Victoria Belous held a meeting with members of the American Chamber of Commerce in Moldova (AmCham Moldova), during which they discussed the main priorities of tax policy for 2027 and the organization’s proposals.
Romania will not receive 770 million euros from the European Recovery and Resilience Facility (RRF).
The Agency for Geodesy, Cartography, and Cadastre has developed a draft of an updated model for appraising land parcels designated for fruit growing, as well as new appraisal coefficients to be used in the model.
Sovereign and independent, just like the Moldovan state, the National Bank of Moldova is also celebrating its anniversary today, marking the 35th anniversary of its founding alongside the entire country. On this occasion, NBM Governor Anca Dragu issued a congratulatory message, paying tribute to the “courage and unity of the citizens” that made the birth of both institutions possible.
The National Bank of Moldova (NBM) put two new coins into circulation on August 26 to mark the 35th anniversary of the Republic of Moldova’s declaration of independence: a silver collector’s coin with a face value of 100 lei and a commemorative coin for circulation with a face value of 10 lei.
Today, the Cabinet of Ministers approved a resolution introducing VAT and excise taxes on certain categories of goods imported into Moldova by business entities from Transnistria.
Contributions amounting to 0.5% of the total investment in fixed assets will be calculated separately for each project based on the cost estimates.
In July of this year, the total amount of gross transfers from abroad to individuals amounted to the equivalent of $189.45 million. According to data from the National Bank of Moldova (NBM), this figure demonstrates a steady upward trend in remittances to the population.
As part of the finalization of the tax policy for 2027, the Ministry of Finance organized consultations with representatives of the banking sector. The ministry will analyze their proposals and comments made during the constructive dialogue.
The total volume of loans to households and businesses in Romania in July amounted to 472.4 billion RON. Overall, it increased by 7.6% over the past year, according to the National Bank of Romania (BNR).
Finance Minister Victoria Belous met with Ulrich Schmitt, the World Bank Group’s Country Manager for Moldova. During the meeting, they discussed priorities for cooperation in the coming period.
Parliament voted in the first reading in favor of a draft law on central depositories of financial instruments, developed by the National Commission for the Financial Market (NCFM) and the National Bank of Moldova (NBM). The bill aims to harmonize national legislation with European Union regulations.
Another round of consultations on the 2027 Tax Policy Draft took place with postal and courier service providers. Current issues related to cross-border e-commerce were discussed.
Amendments have been made to the Regional State Aid Scheme; they have been published and have taken effect. These amendments will improve the monitoring of investment projects implemented in the regions and enhance their economic performance. The new measures will also help improve discipline and the efficiency of public funds.
Spaniards had to wait until August 20 to reach what is known as Tax Freedom Day—the date that marks the point in the year when, on average, citizens have earned enough money to cover all their taxes and social security contributions.
Delays in the receipt of promised tranches from external partners are leading to a temporary liquidity shortfall in Moldova’s state treasury. This is forcing the Ministry of Finance to juggle domestic borrowing and cuts to non-essential spending to cover cash shortfalls amid a record projected budget deficit. And the government is having to forgo planned spending on teachers’ salaries and infrastructure investments.
Companies operating in the natural gas sector are suspected of tax evasion totaling approximately 4 million lei
The National Commission for the Financial Market (NCFM) has issued a license and authorization to the market operator “BURSA INTERNATIONAL A MOLDOVEI” SA to administer and operate a regulated market and a multilateral trading facility. At the same time, the NFCM approved the structure of qualified shares in the operator’s share capital and confirmed the composition of its governing bodies.
