At its shareholders’ meeting on June 30, Russia’s largest bank decided to pay dividends amounting to 50% of last year’s net income.
The labor unions rejected the Ministry of Labor and Social Protection’s proposal to change the method for calculating annual paid leave and to switch from 28 calendar days to 22 working days.
Radu Marian, a member of parliament from the “Action and Solidarity” (PAS) party, announced on Monday that he was stepping down as chair of the parliamentary committee on the economy, budget, and finance. This decision was made amid a scandal involving inflated salaries at the state-owned enterprise MoldATSA. The lawmaker took responsibility for recommending the individual who was at the center of this case.
The rise in global oil and food prices is indeed putting inflationary pressure on Moldova’s economy. However, the key risks facing the country right now are different: inefficient borrowing and rising budget expenditures—this is precisely what sets Moldova apart today.
The Ministry of Justice will spend nearly 3 million lei on major renovations of the restrooms in its administrative building. The ministry has announced an open tender, and the project is included in its annual plan.
Parliament passed the first reading of a bill to ratify a loan agreement with the International Bank for Reconstruction and Development (IBRD) in the amount of 218.2 million euros. The funds are intended to support the Sustainable Growth Policy Operations Program.
Vlad Batrincha, Deputy Speaker of the legislature, called for parliamentary hearings with the participation of Anca Dragu, Governor of the National Bank of Moldova (NBM), during a plenary session. He demanded clarification regarding the monthly salaries and the actual contributions of each member of the NBM Supervisory Board.
Maya Sandu, President of the Republic of Moldova, commented on the draft of a new law on a unified pay system for the public sector, noting that it provides for adjustments to the official salaries of high-ranking officials: the president, the speaker of parliament, and the prime minister.
President Maia Sandu has distanced herself from the scandal surrounding the state-owned enterprise MoldATSA. The head of state stated that she bears no responsibility for the fact that her relative received “money she did not deserve” from this company. At the same time, Sandu announced that, following this incident, large-scale audits will be conducted at all of the country’s more than 70 state-owned enterprises.
Teachers and other education sector employees who are transferring to other schools due to school reorganization will be able to commute to their new place of work free of charge. The government has approved an expansion of the school transportation program, which previously applied only to students.