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Total debt of Moldova to bilateral creditors for 9 months 2020 decreased by $ 52.37 million (-22.1%), amounting to $ 184.19 million at the end of September.

Total debt of Moldova to bilateral creditors for 9 months 2020 decreased by $ 52.37 million (-22.1%), amounting to $ 184.19 million at the end of September.

According to the National Bank of Moldova, for the first time in a long period, Japan turned out to be the largest bilateral creditor of our country with a share of 31.8% of the total debt, and Romania, which previously occupied the first place, dropped to 2nd place with 22.2% of total debt. Russia closes the top three in this indicator with a share of 13.8% of the total volume of bilateral debt. In particular, in January-September 2020, Moldova's bilateral debt to Japan increased by 0.6% - from $ 58.15 million (at the end of 2019) to $ 58.5 million (at the end of September 2020). Over the same period, Moldova's bilateral debt to Romania decreased by half - from $ 81.14 million to $ 40.93 million, and to Russia - decreased by 26.1% - from $ 34.4 million to $ 25.41 million. Moldova's bilateral debt to the United States for 9 months 2020 decreased by 7.5%, amounting to $ 23.13 million at the end of September 2020 against $ 25.01 million at the end of 2019. Moldova's bilateral debt to Austria increased by 0.5% - from $ 22.84 million to $ 22.96 million, and to Germany - decreased by 12.3% - from $ 14.53 million to $ 12.75 million. Moldova's bilateral debt to Poland increased by 4.1% - from $ 0.49 million - to $ 0.51 million. // 12.01.2021 — InfoMarket.

News on the subject

Inflation in Moldova is now much lower than the target of 5%, it is below 1% and is approaching zero, but prices might rise in the country if the economy is restarted in 2021 – the National Bank of Moldova (NBM) says.
Inflation in Moldova is now much lower than the target of 5%, it is below 1% and is approaching zero, but prices might rise in the country if the economy is restarted in 2021 – the National Bank of Moldova (NBM) says.
Moldova will take new measures to further promote non-cash payments and facilitate the provision of payment services to e-commerce organizations.
Moldova will take new measures to further promote non-cash payments and facilitate the provision of payment services to e-commerce organizations.
The complete transfer of the registers of securities holders to the Single Central Securities Depository should be completed by December 15, 2022.
The complete transfer of the registers of securities holders to the Single Central Securities Depository should be completed by December 15, 2022.
“One of the main priorities of the NBM is to prevent attempts at money laundering, as well as to increase financial inclusion through important actions to modernize the banking sector,” - Octavian Armasu said.
“One of the main priorities of the NBM is to prevent attempts at money laundering, as well as to increase financial inclusion through important actions to modernize the banking sector,” - Octavian Armasu said.
Remittances from EU countries in favor of individuals of Moldova through banks amounted to $64.88 million in November 2020, having increased by 27% compared to September 2019.
Remittances from EU countries in favor of individuals of Moldova through banks amounted to $64.88 million in November 2020, having increased by 27% compared to September 2019.
The income of the banks of Moldova from the exchange rate difference in January-November 2020 amounted to 1 billion 148.7 million lei, having increased by 33.5% year on year.
The income of the banks of Moldova from the exchange rate difference in January-November 2020 amounted to 1 billion 148.7 million lei, having increased by 33.5% year on year.