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Category: Point of View
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.
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.
The public debt in Moldova is growing at an accelerated rate. It is increasingly secured not by gross production, but by debt securities and the established system of refinancing through foreign aid programs. Supporting the economy and budgetary commitments is increasingly becoming a way to pay off debts.
On some aspects of the financial statements of the Ministry of Economic Development and Digitalization for 2024, the Court of Accounts could not decide: “Are these accounting errors or signs of fraud?”. Difficulties arose when it came to relations with the real economy.
The integration of new technologies will start with the modernization of the payment system, the NBM announced and instructed banks to join the Single European Payment System SEPA on their own. Moldova was accepted there on March 6, as reported by Logos Press.
The legalization of cryptocurrencies, the digital transformation of the market and the transition to advanced…
On April 14, the judges of the Constitutional Court of Moldova satisfied the request of Prosecutor General Ion Munteanu and declared Article 21 of the Law “On the Special Legal Status of Gagauzia”, as well as Article 25 (part 3) and Article 26 of the Law “On Prosecutor’s Office” not in compliance with the Constitution of the Republic of Moldova, – reports Logos Press.
Prime Minister Dorin Recean last week in Parliament presented “the largest financial package ever allocated by the Moldovan government for investment and economic growth – Budget Plus”.
The total public debt will continue to grow at high rates. The official data published by the NBM for February 2025 show that the planned debt ceiling of the state on domestic and foreign markets will be exceeded for sure. At the end of 2025, the total amount of the state debt is envisaged at the level of 136 billion lei.
Promises of an investment paradise, hopes for the rapid arrival of serious foreign capital in the country remain unrealized. Judging by the current account of the balance of payments, capital is fleeing the country. Moreover, at an accelerated pace. The international investment position (IIP) of the country reflects the cause-and-effect relationship.
The release of prisoners with a life sentence is regulated by the Law on Amnesty and the provisions of Article 91 of the Criminal Code. The law states that on the occasion of the 30th anniversary of the independence of the Republic of Moldova, a person to whom certain provisions of the articles cannot be applied shall have his sentence reduced or replaced by imprisonment for up to 30 years, if he is sentenced for life.
