● THURSDAY, August 30
Over 1,200 enterprises financed through PARE 1+1 program so far
More than 1,200 enterprises were financed through the PARE 1+1 program as of 2010. About 242.4 million lei worth of grants were offered within the program so far. This enabled to attract investments to the value of 767.7 million lei. According to the Government’s press service, the program contributed to opening 538 new enterprises, most of which are situated in rural areas, and to creating 3,200 workplaces. The participants in the program developed new businesses for the Republic of Moldova, such as the cultivation of almonds, breeding of ostriches and snails. 48% of the entrepreneurs are younger than 35, while about 30% are women.
Average monthly pay in economy at 6,370 lei in second quarter
The average monthly salary in the economy in the second quarter of this year was 6,370 lei, an increase of 13.0% compared with the corresponding period last year. In the budgetary sphere, the average monthly pay was 5,569 lei, up 13.1% compared with the second quarter of 2017, while in the economic (real) sector – 6,679 lei, up 12.7% compared with April-June 2017.
Direct flight to Timișoara to be available from Chișinău as of September 16
As from September 16, the Romanian airline Tarom will provide the regular flight Timișoara-Chișinău-Timișoara. A return ticket will cost €100 and up, with all taxes included. According to Avia Invest, the company that manages the Chisinau International Airport, there will be operated three flights a week, on Wednesday, Friday and Sunday. The schedule is not yet known. In a press release on its website, the company does not specify the flight departure and arrival time.
● FRIDAY, August 31
Moldova to get US$ 35m loan from WB for land registration and property valuation
Moldovan citizens, local and foreign investors, government institutions and agencies will benefit from enhanced security of property rights and more developed real estate markets in the Republic of Moldova thanks to a US$ 35 million loan for the Land Registration and Property Valuation Project (LRIP), approved by the World Bank’s Board of Executive Directors on August 30. “The Land Registration and Property Valuation project will ensure the continuity of our previous work on mass registration of property in Moldova over the years,” said Anna Akhalkatsi, World Bank Country Manager for Moldova. “Economic and service governance are central to our Partnership Framework in Moldova, as we seek to help all citizens to enjoy equal opportunities and clear rules regarding property rights which are fundamental for a competitive economy”.
● SATURDAY, September 1
Four years of DCFTA: About 68% of Moldova’s exports go to EU market
Four years after the start of the implementation of the Deep and Comprehensive Free Trade Agreement (DCFTA) between the EU and the Republic of Moldova as part of the Association Agreement, very good results are witnessed both in the growth of the bilateral trade and in the doing of the reforms related to the DCFTA. Its potential is yet to be realized by structural reforms and economic integration, said the EU Ambassador to Moldova Peter Michalko, who transmitted a message centering on the benefits of the Free Trade Agreement and the opportunities that this opened up for the country. “Almost 68% of Moldova’s exports now go to the market of the European Union. This is a growth of almost 23% of the 2017 level. Bilateral trade in the course of the past year rose to €4 billion. We are glad to see a similar positive trend and in 2018 too, including for the Moldovan exports. The balance of trade of agricultural products, especially walnuts, grains, sunflowers seeds and wine, has improved considerably in favor of the Republic of Moldova. Moldova’s vegetable export to the EU almost doubled the past two years to €406 million,” stated the ambassador.
