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The National Bank of Moldova has increased its monetary policy rate from 9% to 11% annually to combat inflation. This decision comes amidst broader economic discussions, including the registration of over 305,000 energy subsidy applications, scrutiny over government privatization plans after a failed attempt with Hotel Zarea, and the suspension of BPAY's license for six months by the National Bank. Additionally, a report indicates only 20 out of 76 active state-owned enterprises are currently…
IPN:
National Bank Raises Base Rate to 11%
The National Bank of Moldova has increased its monetary policy rate from 9% to 11% annually to counter inflationary pressures.
IPN:
Over 305,000 Energy Subsidy Applications Registered
More than 305,000 applications for energy subsidies have been registered on the government platform.
TV8:
Moldova Threatened by Bankruptcy? Tofan Government Prepares Staff Reductions…
The Moldovan government, led by Tofan, is reportedly preparing for staff reductions and changes to the labor code, raising concerns about potential bankruptcy.
TV8:
Government Privatization Plans Under Scrutiny After Hotel Zarea Failure.
Minister Tofan intends to make changes to privatization processes following a failed attempt with Hotel Zarea, admitting a mistake was made.
TV8:
Millions in VAT from parcels: Moldova collects significant revenue from new tax.
Moldova has collected millions in VAT revenue from parcels in the initial days following the introduction of the new tax.
IPN:
BNM Suspends BPAY License for Six Months
The National Bank of Moldova has suspended the license of BPAY for a period of six months.
IPN:
Only 20 of 76 State Enterprises Profitable
The head of the Agency for Public Property stated that only 20 out of 76 active state-owned enterprises are currently profitable.
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