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THE GOVERNMENT OF MOLDOVA HAS APPROVED THE ORDER OF USING MEANS OF THE FUND FOR SUBSIDIARIES TO AGRICULTURAL PRODUCERS. THE SIZE OF THE FUND HAS MADE UP 400 MLN. LEIS FOR 2012

26-01-2012

According to the resolution adopted by the cabinet ministers on Wednesday, this money are assigned to stimulate lending of producers of agricultural products by commercial banks, to insure risks in agriculture, to stimulate investment for establishment of perennial plantations, minister of agriculture and food industry Vasile Bumacov has said. The funds are also to be allotted to subsidize growing of vegetables under glass, to stimulate investment for purchasing agricultural equipments and devices and irrigation and hail-suppression systems. In addition, the state is going to encourage equipping and upgrading animal breeding farms, purchasing stud and preserving gene pool, as well as to stimulate investment into development of infrastructure on processing and packing harvested production. At the same time, as compared with the previous year, after consulting representatives of the branch ministry and non governmental organizations in the sphere of agricultural sector, the government has decided to stop allotting subsidies to purchase fertilizers and cover irrigation costs. The resolution adopted by the government stipulates more perfect procedures of acceptance, consideration and authorization of applications for subsidies, better control over effectiveness of the budget means use, as well as more transparent criteria for subsidizing, etc. It should be reminded that in 2011 the Fund for subsidiaries to agricultural producers was also 400 mln. leis.

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Other news

  • 18-05-2012

  • INDUSTRIAL PRODUCTION DECREASED 3,4%. IN JANUARY-MARCH, 2011 IN MOLDOVA AS COMPARED WITH THE LIKE PERIOD OF 2010

    17-05-2012

    According to the National Bureau of Statistics, the volume of industrial production declined 4,5% in March, 2012 as compared with March, 2011 The decline in industrial production was explained by 9,1% lower production in the mining industry, by 3,1% lower production in the processing industry and the 3,8% less production in the energy sector.

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  • THE SALES TURNOVER OF RETAIL ENTERPRISES GREW 19,6% IN MARCH, 2012 AS COMPARED WITH FEBRUARY

    17-05-2012

    According to the National Bureau of Statistics, this is 1,2% up as compared with the same period of 2011. In Q1, 2012 the sales turnover of enterprise with retail sales as their primary business line grew 4,4% in comparable prices against numbers of Q1, 2011. The sales turnover of enterprises rendering market services to population increased 18,9% as compared with the previous month and 3,4% as compared with March, 2011. In Q, 1, 2012 their turnover increased 3,7% in comparable prices as compared with Q1, 2011.

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  • THE EUROPEAN COMMISSION HIGHLY APPRECIATES PROGRESS AND PROSPECTS OF MOLDOVA ON ITS WAY TO THE INTEGRATION INTO EUROPE, -HEAD OF EC DELEGATION IN RM DIRK SCHUEBEL

    17-05-2012

    As presenting an annual EC report on implementation of the European Neighboring Policy, realized since 2011, at a press-conference on Tuesday, he said that within the last year Moldova achieved significant progress in lots areas and stands a chance to be given a “chunk of the pie” from the budget assigned by EC for realization of ENP.

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  • THE AVERAGE WAGE IN THE ECONOMY OF MOLDOVA MADE UP 3273,5 LEIS IN MARCH, 2012, 9,7% UP AS COMPARED WITH MARCH, 2011

    15-05-2012

    Adjusted to inflation, it grew 4,1% in real terms. The average wage was2957,5 leis if the budget sector and 3423,6 leis in the real sector, growing 11,9% and 8,8% respectively. According to the National Bureau of Statistics, the highest average salary was paid to workers of the banking sector and made 7214,8 leis(+15,6% against March, 2011).

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