The government is due to examine the draft law on the ratification of the Agreement between the Republic of Moldova and Ukraine on technical and military cooperation on Thursday, 12 November.
The Audit Chamber has identified large-scale breaches in the Ministry of Culture’s management of state property and allocation of funds. The auditors issued an adverse opinion on the ministry’s financial statements, drawing particular attention to the chaos in the accounting for the national heritage and the lack of transparency in subsidies.
The National Bank of Moldova’s (NBM) decision to tighten monetary policy has drawn criticism. Experts have long harboured serious doubts about the appropriateness of such actions in the current circumstances. The Cabinet of Ministers has come to the NBM’s defence. The conflict between the regulator’s traditional tight monetary policy and the real needs of a developing economy is escalating.
Moldova is prepared to introduce entry visas for citizens of the Russian Federation, the Republic of Belarus and the People’s Republic of China if required by European Union regulations. This was stated by the country’s Prime Minister, Vasile Tofan, whilst commenting on the country’s progress towards European integration.
The government led by Vasile Tofan has managed to unblock the fiscal policy for 2027, attract new European funds and begin reforming the state apparatus; however, economic recovery remains, for the time being, merely a target, whilst inflation, the budget deficit and the vulnerabilities of public systems continue to exert pressure.
“For me, these 100 days – and for the Government which I have the honour to represent – are not so much about how many meetings we have held or how many decisions we have adopted. They are, first and foremost, about direction, about taking responsibility and changing the pace. But, ultimately, and above all, they are about results.” The statement was made by Prime Minister Vasile Tofan during the presentation of the activity report.
In the European Commission’s (EC) published progress report on the Republic of Moldova, the national financial system received an overall positive assessment for its alignment with European standards. However, Brussels highlighted a number of vulnerabilities in fiscal policy. EC experts warned that the tax changes planned by the Moldovan authorities may not generate the expected revenue to cover rising expenditure on public investment and public sector wages.
The Government of the Republic of Moldova is continuing discussions with several countries to identify potential external sources of funding for energy compensation, but the authorities must be prepared to cover these costs from the state budget.
The Moldovan Border Police’s unique secure communications system is at risk of being paralysed due to unresolved bureaucratic procedures and commercial debts. According to the findings of an audit by the Court of Auditors, 28 telecommunications masts and 16 technical facilities, with a total value of 31.2 million lei, have not yet been legally transferred to the state and are featured in enforcement proceedings against a private company.
The Minister for Labour and Social Protection, Natalia Plugaru, and three state secretaries have been included in the new leadership of the women’s organisation of the Action and Solidarity Party (PAS). The decision was taken at the 4th Congress of PAS Women.
