The Moldovan Finance Ministry has openly questioned the origin of the cash used to pay salaries in the informal sector of the construction industry, Logos Press reported.

Despite the restrictions, cash turnover in Moldova increased last year, Logos Press reported.

The Republic of Moldova is on the 20th place out of 123 countries of the world in terms of the share of cash usage, Logos Press reports.

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.

Cash withdrawals in stores with POS terminals will be limited to 1,000 lei per transaction and no more than 100,000 lei per month. At the request of the Economy Ministry, the cabinet approved the initiative to support the digital economy and e-services, Logos Press reported.
