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Category: Moldova’s Economy
With the support of external partners, 234.32 km of roads are currently being modernized in Moldova, with the total value of the contracts amounting to 230.7 million euros, Logos Press reported.
The Ministry of Economy announced that the state guarantee of maintaining the tax regime applicable to the residents of the virtual Innovation Technology Park of Moldova (MITP, Moldova IT Park) will be valid until 2035, reports Logos Press.
This was reported by the Public Property Agency, noting that he was recognized as the winner of the competition for the vacant position of director of this company.
The presentation of the ninth edition of the White Book from the FIA Foreign Investors Association took place in Moldova, reports Logos Press.
The state recognizes existing economic inequalities and is taking steps to mitigate them. However, the transition to a more predictable economy requires an end to the war.
There are seemingly contradictory trends. In 2024, the absolute (monetary) poverty rate in Moldova increased by 2 p.p. compared to 2023 and amounted to 34%. In other words, one third of the Moldovan population lived on less than 3493 lei (€181) per month per person. At the same time, the share of the population living in multidimensional poverty decreased by 1 p.p. and amounted to 26%. This means that about a quarter of the population suffers from insufficient access to such benefits of civilization as health care, education, quality housing and decent jobs.
Income inequality is growing in Moldova: the top 20% of the population in 2024 received almost 42% of total income. The share of the poorest 20% remains almost unchanged. Experts believe that reducing the gap will require not only increasing minimum wages and pensions, but also, in the medium term, implementing elements of progressive taxation and social reforms.
This year, the topic of the well-being of the country and its citizens is particularly acute. Moreover, in different aspects – from the multidirectional arguments of politicians to the country’s ratings that pop up from time to time. It has also become central for the expert community: the annual conference MACRO-2025, organized by the independent analytical center “Expert-Grup”, focused on the issues of reducing income inequality and economic divergence of the country on the way to Europe.
According to the first experimental calculations, 3 out of 10 enterprises in Moldova are headed by women, and 4 out of 10 enterprises are created by women, Logos Press reports.
Moldova has been trying for several years to get off the “black list” of the Paris Memorandum on Maritime Security, but due to staff “starvation” and low salaries at the Maritime Agency, its advancement in the ranking has stalled, Logos Press reports.
The sharp jump in chicken egg prices in Moldova is due to the fact that most EU countries have registered large-scale outbreaks of avian flu, which led to a reduction in production and an increase in egg prices.
A parliamentary initiative to abolish legal provisions restricting the use of cash when buying real estate has been recorded in parliament. The provisions are contained in a draft law registered by the faction of the Alternative bloc. The document is aimed at removing barriers to cash payments when buying real estate.
