● TUESDAY, April 25
Business entities will be taxed according to weight of packaging on market, not per unit
The business entities that generate packaging waste will pay a pollution tax for the weight of packing, not per unit of packing as now. Also, the entrepreneurs who will gather and recycle packaging waste will benefit from exemption depending on the achieved targets. This is provided in a bill that was proposed for public consultations by the Parliament’s environment commission.
Over 21,000 tonnes of wheat to be released from state reserves
The Material Reserves Agency managed by the Ministry of Home Affairs has announced a contest to choose end beneficiaries to whom over 21 tonnes of wheat will be released from the state reserves for renewing the reserves.
● WEDNESDAY, April 26
State Tax Service chief: We anticipate 10% rise in amounts accumulated as taxes this year
The amounts collected as taxes and excises by the State Tax Service this year are projected to be by 10% higher than last year, said the Service’s head Petru Rotaru. According to him, until the end of this year the institution is to collect about 60 billion lei from the citizens and business entities.
State Tax Service chief: We anticipate 10% rise in amounts accumulated as taxes this year
The amounts collected as taxes and excises by the State Tax Service this year are projected to be by 10% higher than last year, said the Service’s head Petru Rotaru. According to him, until the end of this year the institution is to collect about 60 billion lei from the citizens and business entities.
Energocom repays €35m of loan raised from EBRD
SA Energocom repaid €35 million of the first tranche of the loan taken out from the European Bank for Reconstruction and Development (EBRD) last year, which was to be repaid by May 1. The first tranche of €100 million is to be repaid by July 1.
€76m loan from French Government for railroad infrastructure
The Government of Moldova opens negotiations on the draft financial protocol with the Government of France on the financing of the Chisinau – Ungheni railway infrastructure modernization project. Under the protocol, the Government of France will provide a sum of €75.77 million to improve the railroad infrastructure on the given section.
Priory treatment at customs post for authorized economic operators
The business entities that will obtain the status of authorized economic operator (AEO) will benefit from abridged examinations at customs posts and priority treatment on clearance and transport checks.
The Government approved a bill to ratify the Decision taken by the Republic of Moldova – EU Customs Subcommittee in Brussels on October 3, 2022, concerning the mutual recognition of authorized economic operators programs, IPN reports.
100% of periodic reports from licensed banks submitted electronically to NBM
One hundred percent of the periodic reports from the licensed banks are submitted to the National Bank of Moldova in digital format, through the SIRBNM system. From July 1, the number of entities to report to the NBM will grow to about 500, as the central bank becomes responsible for supervising the non-banking financial sector as well, stated Eugeniu Aftene, director of Reporting and Statistics at NBM, during a public relations event on Wednesday.
Octavian Armașu on advantages of NBM-NBR partnership
Thanks to the reforms promoted by the National Bank of Moldova, including with the support of the National Bank of Romania, the banking sector in Moldova is now stronger, more resilient, more transparent and better governed. NBM governor Octavian Armașu spoke about the advantages of a sustainable partnership between the two central banks during a conference organized by the National Bank of Romania and the Romanian Academy of Economic Studies.
● THURSDAY, April 27
Fly One increases fleet with which it will operate flights from Moldova
Fly One airline has announced its intention to increase its fleet with which it will operate flights from the Republic of Moldova.
“During the summer season, Fly One will operate flights from Chisinau to/from 29 destinations, namely: Larnaca, Valencia, Berlin, Madrid, Tbilisi, Roma, Milan, Munich, Amsterdam, Frankfurt, Tel Aviv, London (Luton & Stansted), Parma, Verona, Dublin, Lisbon, Paris, Istanbul, Erevan, Brussels, Dusseldorf, Nice, Barcelona, Antalya, Heraklion, Sharm El-Sheikh, Hurghada, Tivat, Tirana,” the company said in a press release.
Maximum length of public-private partnership will be 50 years
The maximum length of a public-private partnership contract will be 50 years Also, the private partner, regardless of the form of the public-private partnership, will be obliged to cover at least 50% of the commercial risks. This is provided in a bill that was given a first reading by Parliament.
IMF: Moldova can immediately access about US$96 million
The Executive Board of the International Monetary Fund (IMF) concluded the third review under the 40-month Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for the Republic of Moldova. This allows for the immediate disbursement of SDR 70.95 million (about US$96 million), usable for budget support, and brings Moldova’s total disbursements under the blended ECF/EFF arrangements to SDR 277.55 million (about US$371 million).
Customs Service launches e-AEO system to facilitate communication with businesses
The Authorized Economic Agent (AEO) Program, which represents businesses that voluntarily meet the criteria regulated by customs legislation and establish a close cooperative relationship with the customs authorities, will be administrated entirely digitally by the e-AEO system. The system was launched today in a public event.
Vadim Ceban: Moldovagaz fully repaid debt to Energocom
Moldovagaz president Vadim Ceban says the company has fully repaid its debt owed to the state enterprise Energocom, transferring 79.8 million lei in this respect.
● FRIDAY, April 28
Energocom to purchase 290,000 MWh from MGRES in May
SA Energocom for next month will buy 290,000 MWh from the MGRES power plant (Kuchurgan) of the Transnistrian region. This is 92% of the necessary amount. The price is US$66 per MWh, which was agreed last month for a period of six months.
Moldova’s economy will offset loss witnessed last year, “Expert-Grup” forecast
The economy of the Republic of Moldova will recover in 2023 and will offset the loss sustained last year due to the experienced multiple crises. The main scenario of the current forecast is based on a 4.7% economic growth in 2023 and on subsequent growths (5.4% in 2024 and a growth corridor of 4-5% in 2025-2027). The forecasts are presented in the 24th edition of the publication MEGA - Moldova Economic Growth Analysis - that is produced by the Independent Think Tank “Expert-Grup”.
Air Moldova accuses commercial bank of financial constraints and pushing it towards bankruptcy
Air Moldova airline says that it is ready to clear its debts to the providers and to fulfill its obligations to the passengers, but the financial problems it experiences now are due to the actions of a commercial bank that blocked a sum of 150 million lei. This money can help the company to pay the service providers so as not to daily cancel flights, to increase its fleet and to work without constrains. The bank’s actions seem to be aimed at pushing the airline towards bankruptcy, IPN reports, with reference to a press release of Air Moldova.
● SATURDAY, April 29
National program is needed to promote culture of workplace safety, opinions
The situation in the field of safety and health at work is rather serious. To promote culture in this field, a national program on safety and health at work needs to be worked out. It is important to periodically assess safety at work so as to determine its level. Such opinions were formulated by participants in a roundtable meeting entitled “Work in safe and healthy conditions, fundamental right of employees at workplace”.
Moldova, Romania to strengthen cooperation in agriculture
The Republic of Moldova and Romania will strengthen institutional cooperation in the agricultural sector. The subject was discussed by Minister of Agriculture and Food Industry Vladimir Bolea and his Romanian counterpart Petre Daea on the sidelines of the EuroGrainHub Exchange & Forum in Bucharest.
Air Moldova penalized for reimbursement of money following cancelled flights
Air Moldova committed a number of violations in the reimbursement of money for tickets to cancelled flights. Among the violations is the non-observance of the repayment period. Under the law, the whole price of ticket at the purchase price is paid back within seven days, not 30 days as the operator did, said the Civil Aviation Authority that carried out an unplanned state inspection.
