What is your forecast for the business development in Moldova in 2012:
Veronica Herta, head of the Senior department of finance of the capital, has said during the meeting that the budget deficit is planned to be covered by money received from sales of municipal property and external backing. The revenue of the budget of Chisinau in 2012 are expected to amount to 2,39 bln. leis, 26% up than in 2011, with expenditures 2,61 bln. (+13%). Thus, the expenditures will make 165 euros p.c. In addition the budget of Chisinau will provide 80% of the budgets of suburbs. Distribution of funds in the final reading will take at the next meeting of the Municipal Council. The budget of the capital is the social one, Veronica Herta has stressed. The portion of social expenditures makes up 54,2%. Education has been allotted to over 1 bln. leis, road and public transportation - 159 mln. leis, social assistance – 131 mln. leis, municipal police - 121 mln. leis. Economic expenditures amount to 16,6% and have been allotted to road and utility infrastructure and residential housing stock. The budget was voted for by all councilors with the exception of representatives of the faction of CPRM.
InfoMarket
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.
DetailsAccording 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.
DetailsAs 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.
DetailsAdjusted 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).
Details| EUR | 15.0734 | 0.0000 |
| USD | 11.8726 | 0.0000 |
| RUB | 0.3818 | 0.0000 |
| RON | 3.3889 | 0.0000 |
| UAH | 1.4744 | 0.0000 |
Exchange rate of NB RM on 20.05.12
| In Chisinau |
+15,0 °
|
| 20.05.12 | +14...+16 |
| Tomorrow | +17...+19 |
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