News about Monetary policy

Tips for waiters and couriers can be received through the MIA system. More and more workers in the service sector are connecting this service, which allows them to receive instant transfers by QR code without commission.

Today, the April round of subscription for government securities opened, which will last until April 22, 2026 through the eVMS.md platform. A special feature of this round was the offer of bonds with a maturity of one year.

The European Commission is preparing to lower its growth forecast for this year because of the conflict in the Middle East.

In March, the U.S. consumer price index increased by 0.9% – from 2.4% to 3.3%. The index reached its highest level since May 2024, analysts of The Kobeissi Letter noted.

Moldova is at the final stage of implementing the European Directive PSD2 into the national legislation. The document envisages modernization of the payment services system, implementation of Open Banking and strengthening the security of online payments.

Almost 100% of the government’s domestic borrowing goes not to finance budget expenditures, but to service the public debt on loans taken earlier.

In creating jobs for convicts, businesses will be able to receive subsidies and convicts will be able to receive wages, with the possibility of transferring them to their relatives.

S&P Global Ratings affirmed Romania’s ‘BBB-‘ rating on April 3 with a negative outlook and noted that risks associated with the implementation of Romania’s public finance consolidation program will remain high in the coming years.

The European Commission (EC) has urged EU countries to limit large-scale measures to support economies, including energy subsidies and tax cuts, because of the risk of high inflation and budget deficits.

The indices of financial stress and vulnerability of the banking sector at the end of last year were below the established threshold, reflecting normal conditions of the financial system functioning. There is no accumulation of systemic risk, although not everything is so unambiguous.

The week passed for the world currencies in the waiting mode. Traders are following the news about the war in Iran and waiting for data on liquidity flows. The dollar remained stable after rising by 0.4% in the previous session, helped by a calmer reaction to US President Donald Trump’s recent comments on Iran.

In the first quarter of 2026, the number of Russian companies that defaulted on debt securities doubled compared to the same reporting period in 2025. This includes a 30% increase in the number of companies that defaulted on their obligations to bondholders for the first time.

The price of gold, which was recently at its peak, is experiencing one of the sharpest declines in recent years. During March, the precious metal lost more than 13% of its value.

A zero rate of income tax, a flat rate of payroll tax and a flat basic rate of VAT are key changes that will be part of the draft fiscal policy for 2027.

Despite the complaints of local authorities about the lack of finances, the execution of local budgets in January-February 2026 ended with a surplus of 980.0 million lei. And their revenues noticeably exceeded their expenditures.

For the 250th anniversary of the United States, the Treasury Department announced the decision to place the signatures of President Donald Trump and Treasury Secretary Scott Bessent on U.S. dollars.

UPDATED. The creation of the Convergence Fund was faced with inconsistency of tax systems: on the right bank of the Nistru River there is VAT, while on the left bank there is turnover tax. This complicates the unification of tax rules. But the authorities are ready to work in a “very friendly manner” to gradually implement unified rules and ensure equal conditions for business on both banks of the Nistru River.

Bank of America has begun rolling out an AI-enabled platform for financial advisors in what could be a game changer in transforming the wealth management industry.

Shadow banks were lending trillions. Without proper risk analysis and coverage. The first companies are already declaring bankruptcy, funds are forced to suspend payments. This forces bankers and analysts to look back on 2008 with horror and desperately try to prevent a new collapse of world finance.

In March 2026, citizens invested about 30.4 million lei through the eVMS.md platform. This is much more modest than in the first two months of this year, when citizens purchased state securities worth 193.13 million lei.