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WITHIN 9 MONTHS OF 2011 REMITTANCES OF INDIVIDUALS FROM RUSSIA TO MOLDOVA GREW BY 32,8% TO $781 MLN. AS COMPARED WITH THE SAME PERIOD IN 2010

27-12-2011

As the central Bank of RF informs, in 2011 remittances from Russia to Moldova via money transfer systems made $181 in Q1, $271 mln. in Q2 and $329 mln in Q3, whereas in the past year the same indicators made $137 mln., $195 mln. and $256 mln., respectively, which totaled $588 mln. within January-September of the pas year. An average sum of one remittance from Russia to Moldova made $447 in Q1, $509 in Q2, and $588 in Q3 in 2011. within the same period in 2010 these sums made $423, $473 and $581 respectively. Moldova ranks the seventh by remittances from Russia among CIS countries. In Q3 from Russia it was transferred $1,5 bln. to Uzbekistan, $1,037 to Tajikistan, $685 mln. to Ukraine, $469 mln. to Kyrgyzstan, $420 mln. to Armenia, etc. According to the National Bank of Moldova, within January-September, remittances in favor of individuals via commercial banks made $1 bln. 64,2 mln., $168 mln. (18,7%) up as compared with the same period in 2010. the biggest portion of money transferred from Russia to Moldova fell to September and was $143,38 mln, with the smallest portion falling to January and making $71,51 mln. In total, about $928,66 mln. was transferred by rapid transfer systems, which is 87,3% of the total sum of remittances within 9 months of 2011. In September, 2011 in the structure of remittances in foreign currencies about 39,8% were made in USD, 40,6% in EUR and 19,6% in RUB. Russia and Italy are leader by the size of remittances to Moldova from different countries. According to the World Bank, remittances of labor migrants of Moldova contribute 20% to 30% of the country’s GDP.

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  • 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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