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Category: Banks & Finance
The annual inflation rate in March 2025 amounted to 8.75%. After a small “winter rest”, the index of average consumer prices began a smooth ascent, – reports Logos Press.
The e-Governance Agency in partnership with the Ministry of Economy announced the launch of a new module in the EVO application, which simplifies access to public services for citizens and businesses. Now, using this application, it is possible to create and manage more than 60 types of powers of attorney. The service is available to both individuals and legal entities, but an electronic signature is required,” Logos Press reports.
Moldova’s international investment position (IIP) at the end of 2024 amounted to minus $5,588.30 million, reflecting a negative balance in external claims and liabilities, Logos Press reported.
Moldova’s official foreign exchange reserves decreased by 200 million euros in Q1 2025,” Logos Press reported.
The demand of commercial banks and financial institutions to buy government securities (GS) has increased significantly,” Logos Press reported.
The National Bank of Moldova has announced Moldova’s accession to the Single Euro Payments Area (SEPA), – Logos Press reports.
Budget revenues from the Customs Service in the first quarter of this year decreased in real terms due to a serious shortfall in excise duties, – reports Logos Press.
Many citizens put off submitting income tax declarations until the last minute. And although this is not a good practice, money for the budget is important. Therefore, the State Tax Inspectorate traditionally every year establishes a special mode of operation of its offices before the deadline for the submission of declarations by individuals.
As of April 1 of this year, the Law No. 34 “On Cash Settlements” came into force in Moldova, which significantly restricts the movement of cash in the economy. Although this moment was postponed due to insufficient preparation of the parties, it continues to raise questions and doubts even today.
During two months of this year, the total state budget revenues amounted to 10,226.2 million lei. Including taxes and fees – 10,168.6 million lei, revenues from projects financed from external sources – 57.6 million lei.
In January-March 2025, 60.5 million lei was allocated from the government’s intervention fund. The funds were used to manage the energy crisis,” Logos Press reported.
In March 2025, 527 tax controls were carried out by the method of operative inspection. In the course of them violations of legislation were established in 383 cases, – reports Logos Press.
