Menu

Login

Polls

What is your forecast for the business development in Moldova in 2011:

Banners

All news

News


GREAT BRITAIN WILL APPROPRIATE TO MOLDOVA £1,5 MILLION (€1,75 MILLION) TO SUPPORT THE REGIONAL DEVELOPMENT AND INFRASTRUCTURAL PROJECTS

29-07-2010
GREAT BRITAIN WILL APPROPRIATE TO MOLDOVA £1,5 MILLION (€1,75 MILLION) TO SUPPORT THE REGIONAL DEVELOPMENT AND INFRASTRUCTURAL PROJECTS

The document was signed by Prime Minister of Moldova Vladimir Filat and Ambassador of Great Britain to Moldova Keith Shannon. At the briefing they noted that these funds were aimed at the implementation of policies on regional development and realization of projects on infrastructure development by Moldavian Government. Particularly, the money will be transferred to the National Fund for Regional Development in order to finance the projects on development of road infrastructure, improvement of the access to the drinking water and sewage systems, development of tourism and private business, protection of environment, that were selected in May 2010 by three Regional Development Agencies, created in priority regions on the North, the South and the Center of Moldova. Vladimir Filat emphasized the importance of supporting the regional development in Moldova, where 70% of poor people are living in rural area. Keith Shannon noted that the Government of Great Britain would continue to support the economic reforms in Moldova in order to provide the stable economic growth and reduce the level of poverty, and the process of European integration of the country. The head of the Cabinet reminded that three Regional Development Agencies had been created, the Regional Development Strategy had been elaborated, and the priorities for every region had been determined. In the National Regional Development Fund the Government provided 135 million leis for 2010. Local authorities presented 135 projects on regional development. As a result of competition, 89 projects were selected, out of which 45 referred to infrastructure development, particularly, construction of roads and water supply systems. The Premier thanked the Government of Great Britain and the Britain Ambassador personally, as well as the partners on development for the assistance rendering to Moldova and assured them the Government would continue to implement its obligations on regional development.

InfoMarket


Other news

  • PREMIUMS COLLECTED BY INSURERS OF MOLDOVA IN 2011 EXCEED 1 BLN. LEIS, WHICH IS 9,7% MORE AS COMPARED WITH 2010

    07-02-2012

    According to XPRIMM, a company, the insurance market of Moldova has increased by 10% to 61,4 mln. EUR within last year. The biggest volume of the insurance premiums fell to the Motor Third-Party Liability and made up 22,7% (228 mln. leis); it was followed by the Green Card - 18,8% (189 mln. leis).

    Details

  • THE AVERAGE PRICE OF ONE SQUARE METER OF APARTMENTS IN CHISINAU REDUCED BY 2% FROM 614 TO 604 EUR IN 2011

    07-02-2012

    These findings are indicated by LARA, real estate agency. The average market value of 1 sq.m. of apartments in Chisinau has stayed at 614 EUR within January-April, 2011. In May, it declined to 610 EUR and kept the same till October to drop to 604 EUR. IN 2010, the average price of 1 sq.m. of residential housing in Chisinau reduced by approximately 6% from 653 to 614 EUR.

    Details

  • REMITTANCES FROM ABROAD MADE IN FAVOR OF INDIVIDUALS VIA BANKS GREW BY 16,9% ($209,65 MLN.), TO $1 BLN. 453,79 MLN. IN MOLDOVA

    07-02-2012

    About $1 bln. 276,61 mln., that is 87,8% of the total volume of money transferred in 2011, against $1 bln. 072,24 mln. in 2010, were transferred via quick money transfer services, the National Bank of Moldova informs. Money transfers in Moldova made up $275,85 mln. in Q1, $367,38 mln. in Q2, $421,01 mln. in Q3 and $389,55 mln. in Q4.

    Details

  • IN 2011 THE EXTERNAL STATE DEBT OF MODLOVA INCREASED BY $26,3 MLN., THAT IS BY 2,4%, TO $1 BLN. 142,47 MLN. AS OF DECEMBER, 31, 2011

    06-02-2012

    The increase in the indebtedness is explained by that fact that receipts of external loans were higher than payments on the external state debt payments by $34,52 mln., the ministry of finance informs. At the same time, decline in the exchange rate of USD against other currencies made up $8,22 mln.

    Details

  • THE RESOLUTION OF THE NATIOANL BANK OF MOLDOVA TO REDUCE THE BASIS RATE OF REFINANCING BY 2 P.P. FROM 8,5% TO 6,5% COMES INTO EFFECT

    06-02-2012

    The respective resolution about the basis rate of NBM for long-term credits, interest rates of NBM and the norm of reserves required have been published in the Monitorul Oficial. NBM has also decreased the interest rates on overnight loans by 2 p.p. from 11,5%to 9,5%, annually; and on overnight deposits from 5,5% to 3,5%.

    Details
Developed in the company
© 2003-2009, Timpul. All rights reserved. Full or partial copying of materials prohibited,
a resource.