8 August 2023 – State actions targeting the country’s competitiveness will be debated within the Working Group No. 5 of the Economic Council, chaired by Dan Nuțiu, Executive President of the Association of Romanian Investors in Moldova, which has been renamed from “Improving Moldova’s position in international rankings” to “Increasing Moldova’s competitiveness in the context […]

The State Labour Inspectorate is in the process of reform. This was announced by the Secretary of State of the Ministry of Labour and Social Protection, Corina Ajder at the meeting of the Working Group ,,Rеduсеrеa of informal oсupationе and fеnomеnе ,,wages in pliс” of the Economic Council under the Prime Minister of RM. The […]

The Parliament approved a draft law introducing reforms to the regulation of the relationship between partners/founders of companies. The document provides for new opportunities and more rights for partners, as well as simplification of some bureaucratic procedures. Among other things, the new regulations provide for the exclusion of the maximum threshold for the number of […]

The Ministry of Finance and the Ministry of Economic Development and Digitalization have made public a new package to simplify and reduce bureaucracy in the tax and customs sectors. The initiative would support the development of the business environment and save money and time for entrepreneurs. Minister of Finance Veronica Sirețeanu said today that the […]

The economic agents will be exempted from the tax on packing, if they recover or recycle the packing which they introduce on market. The parliament adopted a draft law to this effect in the second reading today. The document was worked out, in order to remove legislative inconsistencies for the efficient implementation of the producers’ […]

In 52% of public procurement cases, the authorities award the contract to the economic operator submitting the lowest price offer. These are the data from the study “Deficiencies of the public procurement system. Abnormally low bids in works procurement procedures”, prepared by expert Vadim Turcan at the request of the National Confederation of Employers of […]

Experts from the Economic Council Secretariat meet with EBRD team The Economic Council’s agenda on the regulation of SME activity was discussed at a meeting of Economic Council Secretariat experts with representatives of the European Bank for Reconstruction and Development (EBRD), Olga Kuznetsova, Regional Programme Manager, SME Finance & Development Department and Kateryna Rigg, National […]

Weak economic empowerment of women is a real obstacle to Moldova’s GDP growth The state, the business sector and international organisations want to join forces to create opportunities for women’s economic empowerment. Ways and solutions were discussed within the Working Group “Women’s Economic Empowerment and Gender Equality” of the Economic Council to the Prime Minister […]

New business opportunities for LLCs 12 July 2023 – The Government today approved a draft law introducing reforms to the regulation of the relationship between partners/founders of companies. The document provides for new opportunities and more rights for partners, as well as simplification of some bureaucratic procedures. Among other things, the new regulations provide for […]

Moldova’s implementation rate of the World Trade Organization Agreement on Trade Facilitation exceeds the global rate On June, 26-27, 2023, in Geneva, on behalf of the Republic of Moldova, during the panel presentations at the high-level segment at the Steering Committee on Trade Capacity and Standards at UNECE (Removing regulatory and procedural barriers to trade […]